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Wheelock Q4 loss trebles on project provision

Poor take-up rate for The Panorama development

MAINBOARD-listed Wheelock Properties sank deeper into the red with a loss of $91.3 million for the fourth quarter ended Dec 31, 2013, versus a loss of $30.8 million in the corresponding period a year earlier. This was due to a $110 million provision for a project.

Revenue for the quarter...

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