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Unit sales help Wheelock to narrow Q4 loss

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Published Mon, Feb 29, 2016 · 09:50 PM

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    Wheelock Properties

    Singapore

    Managing to sell units in three residential projects helped real estate developer Wheelock Properties to narrow its loss in the fourth quarter.

    Wheelock chalked up a net loss of S$927,000 for the three months ended Dec 31, 2015, less than its S$103.14 million loss in the corresponding period the year before, it said in a Singapore Exchange filing on Monday after the market closed.

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