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Oxley raises S$12.95m from treasury shares sale to 34 investors

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Oxley’s executive chairman and chief executive Ching Chiat Kwong said the funds raised will put the firm in a good position to seize opportunities arising from a recovering property market in Singapore.

Singapore

HOMEGROWN property developer Oxley Holdings has raised more than S$12 million from the sale of treasury shares.

Maybank Kim Eng Securities Pte Ltd acted as the placement agent for the sale of the treasury shares, which drew about 34...

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