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Longcheer in MOU to buy Pacific Star's stake in Iskandar project

Singapore

SINGAPORE-LISTED Longcheer Holdings has entered into a non-binding memorandum of understanding (MOU) with Pacific Star Development to acquire the latter's 51 per cent interest in Puteri Cove Residences & Quayside for S$120-150 million in a cash-cum-shares transaction.

sentifi.com

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