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SPH expands aged care business with 5.26b yen Japan acquisition

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Fiona Lam

Fiona Lam

Published Mon, Feb 24, 2020 · 09:50 PM

    Singapore

    SINGAPORE Press Holdings (SPH) will acquire five aged care assets in Japan for 5.26 billion yen (S$65.8 million) as part of its strategy to expand to markets with fast-ageing populations.

    This marks the media and property group's first overseas investment for its aged care business.

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