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Yanlord Land requests for trading halt

REAL estate developer Yanlord Land Group has requested for a trading halt of its shares on Wednesday morning before market open.

The Singapore Exchange mainboard-listed entity had last said in July that it is acquiring Greens Investments, which owns property development and management entities in Zhuhai, China, for 600 million yuan (S$122.2 million).

Yanlord Land's counter closed lower by 1.5 Singapore cents, or 0.86 per cent on Tuesday at S$1.725.