
UOL to buy remaining interest in former Faber House from UOB for S$68.5 million

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UOL has agreed to purchase the remaining interest in the former Faber House from UOB for S$68.5 million. This acquisition will allow UOL to fully own the property, which is being redeveloped into a mixed-use commercial development featuring NoMad Hotel. UOL's shares closed at S$10.15, down 0.4%.
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