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BT EXCLUSIVE

UOB reaffirms offer to buyers of two condo projects under receivership

Bank will bear extra costs to finish Sycamore Tree and Laurel Tree, but buyers must waive rights to liquidated damages against progress payments

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United Overseas Bank (UOB) has reaffirmed its offer to bear the additional costs to complete the construction of two unfinished residential projects which have been put under receivership after their developers ran into financial difficulties.

Singapore

UNITED Overseas Bank (UOB) has reaffirmed its offer to bear the additional costs to complete the construction of two unfinished residential projects which have been put under receivership after their developers ran into financial difficulties.

However, the bank, which is...

sentifi.com

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