Corporate digest
Fragrance Group Limited
FRAGRANCE Group Limited has set up a wholly owned subsidiary in the United Kingdom as a property investment holding company, and acquired The Townhouse Hotel in Manchester, UK, for £12.5 million (S$21.9 million).
The new unit, called Fragrance UK-Manchester Limited, has a paid-up capital of £1 million, the group said in a Singapore Exchange filing on Monday.
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