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Global Investments Q4 profit falls 35%

Saturday, February 8, 2014 - 06:00

Singapore MUTUAL fund company Global Investments Limited (GIL) recorded a net profit of $3 million for its fourth quarter ended Dec 31, 2013, down 35 per cent from $4.6 million a year ago. This was due to the impairment of an Australian mortgage-backed security. Revenue for the quarter was $7.4

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