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Tat Hong unit surrenders Gul Crescent lease to JTC for pre-tax gain of S$9.5 million

Singapore

A WHOLLY owned unit of crane rental firm Tat Hong Holdings has accepted an offer from JTC Corporation for the surrender of its lease of 11 Gul Crescent for a total cash consideration of S$21 million, the group said in a Singapore Exchange filing on Monday.

The property,

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