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LETTER TO THE EDITOR

JTC should redeem JCC notes at par

I REFER to "JTC makes early-buyback offer for Jurong Country Club notes" (BT, Aug 26).

I am a noteholder and wish to say that JTC's offer to repurchase my S$120,000 note at only S$84,200 is totally unsatisfactory and unfair.

If JTC had made this offer when there was no impending...

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