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Tee Land unit sells Sydney hotel for A$32m

Published Sun, Apr 16, 2017 · 09:50 PM

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Singapore

TEE Land said an indirect 55 per cent owned subsidiary entered into a contract to sell Quality Hotel CKS Sydney Airport on April 13 for A$32 million (S$33.63 million).

The buyer is Australia Ao Bo Assets Management Pty Ltd as trustee for the Bo Lian Unit Trust.

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