FEC International buys Royal Oak Residence for S$93m
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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 site at 21 Anderson Road, it said on Wednesday in a statement.
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