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Lian Beng spin-off offering 238m shares at S$0.23 apiece for Catalist listing

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"SLB's current portfolio is "a little overconcentrated in residential" and will balance it out with industrial and commercial projects." - SLB chief executive Matthew Ong.

Singapore

SLB Development, a property development spin-off from mainboard-listed construction company Lian Beng Group, turned in the paperwork for a Catalist listing on April 11.

It is offering 238 million shares at S$0.23 each, comprising eight million shares by way of public

sentifi.com

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