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Transpac unveils operations revamp; proposes dividend, bonus warrants

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Published Tue, Dec 31, 2013 · 10:00 PM

Singapore

TRANSPAC Industrial Holdings (Transpac) plans to terminate its agreement with its investment manager, Transpac Capital Pte Ltd, for $13.75 million in an "internalisation exercise".

As part of the exercise, Transpac will take the investment services in-house by absorbing the staff of Transpac Capital.

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