FEC International buys Royal Oak Residence for S$93m

Singapore

HOT on the heels of other recent property dealings here in the prime district, Hong Kong-listed Far East Consortium International (FEC) has just acquired 21 Anderson Royal Oak Residence after about two years of entertaining offers.

FEC's indirect wholly-owned subsidiary Advance Delight Global Limited has agreed to purchase all of the issued and paid-up capital of Highest Reach Investments Limited, which owns through subsidiaries the freehold, 34-unit si…