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OKH Global unit issuing S$8m preference shares

Exercise by Chronoz to fund purchase of 15% stake in Pan Asia Logistics Holdings

PROPERTY developer OKH Global says its wholly-owned subsidiary, Chronoz Investment Holdings, will be issuing S$8 million worth of redeemable convertible preference shares, to fund its purchase of a 15 per cent stake in Pan Asia Logistics Holdings Singapore (PAL).OKH, which announced on Aug 18

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