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SingHaiyi makes S'pore commercial property debut

It buys 20% of TripleOne Somerset for $66m, becomes No 2 shareholder

FAST-GROWING Catalist-listed developer SingHaiyi Group yesterday revealed that it has made its first commercial property foray in Singapore, though its eyes remain on the far larger US market.

SingHaiyi took a 20 per cent equity stake in TripleOne Somerset for $66 million, making it the...