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S$52m Q3 fair-value boost for Rowsley from RSP acquisition

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Published Wed, Nov 5, 2014 · 09:50 PM

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Rowsley

Singapore

ROWSLEY Ltd, a real estate company controlled by La Liga club Valencia owner Peter Lim, on Wednesday posted a net profit for the third quarter stemming largely from an accounting gain due to an acquisition from which it now derives its core business.

This reversed from a loss in the year-ago period, during which it also posted zero sales.

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