Tuesday 17 January 2012

IOI buys Singapore land for S$408m

IOI Corp, a Malaysian plantation and property group, said it won a site in Singapore by tender for S$408 million, according to a company statement in Kuala Lumpur today.

The parcel of land measuring 24,418 square metres and located at Jalan Lempeng in Singapore, is earmarked for a condominium development, IOI said. -- Bloomberg



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