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SingHaiyi disposes 20% stakes in TripleOne Somerset

By Tan Chee Yuen

/ The Edge Property |

January 26, 2017 5:44 PM SGT

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SingHaiyi Group Ltd has executed a sale and purchase agreement for the proposed disposal of its 20% stakes in TripleOne Somerset on January 25. The consideration for the equity interest is approximately $100 million in cash, subject to adjustment based on the net strata area of the property.

Artist’s impression of the revamped TripleOne Somerset

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