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KepLand buys 22.4% of 112 Katong for S$51.4m (Amended)

Sellers of the mall are BHG, BreadTalk and Perennial

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Published Sun, Jan 17, 2016 · 09:50 PM

    Singapore

    KEPPEL Land has acquired a 22.4 per cent stake in 112 Katong lifestyle mall for S$51.4 million.

    The acquisition of the stake in the mall from BHG Holdings, BreadTalk Group and Perennial Real Estate Holdings will be made via wholly-owned subsidiary DC Reit Holdings. It is to be funded through internal working capital.

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