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Published Tue, Jun 16, 2020 · 09:50 PM

SLB Development

CATALIST-LISTED property developer SLB Development has exercised its option to subscribe for a 20 per cent stake in Pinnacle Investment Management Ltd (PIML) for £90,000 (S$158,136), it said on Tuesday. PIML, which builds funds focused on the private rented sector across Britain, is the fund management subsidiary of UK-based Pinnacle Investments (Holdings) and Pinnacle Group. SLB is a spin-off of mainboard-listed Lian Beng Group.

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