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Elite Commercial REIT manager undergoes internal restructuring

Felicia Tan
Felicia Tan9/7/2020 05:56 PM GMT+08  • 1 min read
Elite Commercial REIT manager undergoes internal restructuring
Units in Elite Commercial REIT closed flat at 66 British pence on September 7.
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The manager of Elite Commercial REIT has completed an internal restructuring on September 7.

Elite Partners Holdings, the majority shareholder, has had its stake reduced to 68% from 85% previously. Sunway RE Capital’s stake remains the same at 15%, and Jin Leng Investments, the investment vehicle of Tan Dah Ching holds 17%.

Tan, who previously owned 20% of Elite Partners Holdings, no longer holds any interest in the company following the internal restructuring.

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