CapitaLand:
A private fund managed by the real estate developer is understood to be the frontrunner for ABI Plaza, a 12-storey freehold office building in the Tanjong Pagar area. Talk on the grapevine is that an entity linked to the private fund is in exclusive discussions to buy ABI Plaza at about S$206 million. CapitaLand shares ended Friday at S$2.75, up S$0.01 or 0.4 per cent.
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