KUALA LUMPUR: Malaysian property developers are scrambling for a slice of the Singaporean real estate pie to maximise global exposure albeit near home, when geographical diversification is deemed crucial for home-grown firms to sustain long-term earnings. Malaysian firms including IOI Properties Bhd (IOIP), YTL Corp Bhd, and Selangor Dredging Bhd (SDB) have made headlines for their ventures into the Singaporean luxury property market.
(24-1-2008 The Edge)
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