(Sept 18): This past week, one of our Portfolio companies had attracted some attention over a new business venture. On Sept 7, logistics services company Cogent Holdings announced that it has been awarded a three-year lease tender by the Singapore Land Authority (SLA) to run a student hostel near Holland Village. The property is just 700m from ACS International, a popular local independent secondary school. Shares in Cogent have surged 4.4% since the announcement, closing at 83 cents on Sept 12.

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