Independent journal on economy and transport policy
15:48 GMT+2
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Group NOL sells own headquarters to Singapore
The building is yielded for 311 million dollars
October 26, 2012
The shipowning group and logistic Neptune Orient Lines (NOL) of Singapore will sell the building that accommodates its headquarters to Singapore let alone that of its branches APL and APL Logistics. The group, through the society integrally controlled Chenab Investments, has signed an agreement of sale of the building of 26 plans with the Fragrance Regal Pte. Ltd. of the Fragrance group of Singapore.
The cession will happen for 380 million dollars of Singapore (USA 311 million dollars).
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