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Old 22nd May 2008, 08:00
  #619 (permalink)  
loveJet
 
Join Date: Apr 2004
Location: Singapore
Age: 47
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Coasthugger, you're totally correct; albeit the airport sold off the business park to MADL - profits are not recognised as part of BOH's income/P&L. The two are separate. Any selling of BOH (the airport) will not include the business park which MADL will continue to manage, or more likely, sell off seperately.
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