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High-margin financing business born from a crisis

Monday, July 6, 2015 - 05:50

FIRST Sponsor Group is not only the first Singapore-listed developer that disburses loans instead of borrowing, but it may also be the only developer with net cash post-IPO - "which is unheard of", said its CEO Neo Teck Pheng.

This has been made possible with the stunningly high-margin

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