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SGX gives RHT a year to take winding up call

Trustee-manager to plan new business satisfying Singapore Stock Exchange norms. Last month, the court questioned Fortis for using the Rs 4,600 crore to buy the assets from RHT. This had been done in a “hurried and clandestine manner” and is “required to be gone into,” the court had said.

from Industry-Economic Times
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