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MBK's bid for sponsor won't hit us: Accordia Golf Trust

Published Wed, Nov 30, 2016 · 09:50 PM

Singapore

SINGAPORE-LISTED Accordia Golf Trust said on Wednesday that an attempt by a private equity firm to buy out its Tokyo-listed sponsor Accordia Golf Co is not expected to affect the trust's business much, as the "Accordia Golf" brand remains popular and widely recognised in Japan.

Units of the trust held steady on Wednesday, closing unchanged at S$0.67.

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