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SFC gives go-ahead for REITs to punt stocks
SFC, 22-Jul-2014
It appears that Webb-site's submission on 2-Apr-2014, more than 3 months ago, was too late to be mentioned in the list of responses. It is very disappointing that the SFC has moved to allow REITs to start behaving the way many regular property companies do, punting stocks with their spare cash, and possibly buying stocks in the same developers that created them.
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