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Stephen Riady buys GCB from OUE unit for S$95m

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Janice Heng

Janice Heng

Published Wed, Aug 14, 2019 · 09:50 PM

    Singapore

    PROPERTY developer OUE's executive chairman and controlling shareholder Stephen Riady is buying a good class bungalow at Nassim Road from an OUE subsidiary for S$95 million, OUE announced in a regulatory filing on Wednesday night.

    OUE's indirect wholly-owned unit OUE Reef Development has entered a sale and purchase agreement with Dr Riady for the 3,182 sq m plot at 26A Nassim Road and the property on it.

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