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Rowsley falls into S$36.1m FY15 loss amid heavy impairments


PROPERTY developer Rowsley fell into a net loss of S$36.1 million, or 0.831 Singapore cents per share, in 2015 after incurring more than S$42 million of impairments on investments and goodwill.

Rowsley had reported a net profit of S$49.4 million, or S$1.162 Singapore...

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