TAN SRI Quek Leng Chan's Singapore-listed GuocoLand Ltd is exiting Benchmark Group Plc after doubling the value of its investment in the prime London office group over the past eight years.
The Singapore Business Times reported yesterday that GuocoLand would receive £107.1mil or S$329mil from selling its 34.5% stake to GE Real Estate, which on Tuesday announced its offer for Benchmark.
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