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Offer price for HPL raised to $4 a share

Move follows married trades in shares amounting to 3.3% of HPL

[SINGAPORE] The consortium led by tycoon Ong Beng Seng and Wheelock Properties has raised its offer price for shares in Hotel Properties Ltd (HPL) to $4 per share from $3.50.

This followed married trades yesterday with undisclosed parties in 17.1 million shares or 3.31 per cent of the...

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