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Lian Beng Q4 profit expands 5.3% to S$32m

Published Wed, Jul 26, 2017 · 09:50 PM

Singapore

THE completion of industrial development project Mandai Foodlink lifted results for mainboard-listed Lian Beng Group for its fourth quarter ended May 31, it announced in a Singapore Exchange filing on Wednesday evening.

Also contributing significantly are the group's investment holding segment, comprising property portfolio in Australia and Singapore, and its investment securities portfolio.

Net profit increased 5.3 per cent to S$31.99 m…

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