Singapore's Raffles Education to buy Merchant Square property

SINGAPORE Wed Jan 12, 2011 11:45pm EST

SINGAPORE Jan 13 (Reuters) - Raffles Education , a Singapore education services provider, said on Thursday it will buy Merchant Square, a property comprising a four-storey office tower and two blocks of shophouses in the city-state, for S$65 million ($50.5 million). ($1 = 1.287 Singapore Dollars) (Reporting by Eveline Danubrata)

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