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Dual-listed Fortune Reit to delist from Singapore Exchange

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Published Wed, Jun 19, 2019 · 09:50 PM

Singapore

HONG Kong and Singapore dual-listed Fortune Reit will delist from the mainboard of the Singapore Exchange (SGX).

In a bourse filing on Wednesday, its manager ARA Asset Management cited overheads, cost of compliance and low trading volumes in Singapore as reasons for the move.

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