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Friday, August 5, 2011

SP Setia denies talking to E&O

PETALING JAYA: Property developer SP Setia Bhd yesterday quashed rumours that it was among those eyeing a stake in property and hospitality company Eastern and Oriental Bhd (E&O).

The company told Bursa Malaysia that while it would continuously assess possibilities for strategic partnerships and land-banking opportunities, it was not in any acquisition or takeover talks with E&O or its shareholders.

By The Star

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