Ailing firms find new lease of life in real estate
Singapore
WHEN the going gets tough, many companies turn to property as a possible panacea - with several of them unveiling plans in recent months to diversify into the sector.
These include A-Smart Holdings, MS Holdings and Katrina Group, which have separately announced intentions to acquire land or own real estate - veering away from their core businesses of printing, crane rental, and food and beverage respectively.
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