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GRP to acquire 82.91 per cent of Starland Hldgs
Published Wed, Oct 14, 2015 · 09:50 PM
Singapore
IN a bid to grow its foothold in the property market in China, industrial product supplier GRP Limited plans to acquire 82.91 per cent of Starland Holdings for S$28.3 million.
GRP, through its wholly-owned indirect subsidiary GRP Chongqing Land Pte Ltd, will pay 23.6 Singapore cents in cash for each share - a premium of 38.8 per cent over t…
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