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S$246.8m valuation loss hits Forterra Trust's Q2 results
FORTERRA Trust's bottom line was dealt a severe blow in the second quarter as its investment properties swung to a S$246.8 million loss in valuation from a gain of S$41.3 million a year ago.
The Q2 net loss attributable to unitholders was S$138.2 million, against a net profit of S$24.2
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