Malaysia’s IOI Properties to buy Singapore’s Shenton House from its billionaire CEO for $1
Malaysia-listed IOI Properties has agreed to buy from its group CEO Lee Yeow Seng the firm holding Singapore’s Shenton House for S$1 (US$0.78), but will also repay S$217.06 million (US$169.7 million) worth of shareholder advances.Source: VnExpress English
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