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Sing Holdings sells SHR stake to S'pore entity

Move avoids hefty qualifying certificate charges on unsold Robin Residences units, additional buyer's stamp duty and new stamp duty which came into effect on March 11

Singapore

PROPERTY development and investment company Sing Holdings Limited sold 100 per cent of its stake in Sing Holdings (Robin) (SHR) last Friday to a Singapore entity not related to the company, its directors and controlling shareholders, allowing it to avoid not only hefty

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