>Merukh acquires Singapore hotel and office complex

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>Merukh Enterprises, a major Indonesian investment company in the mining industry, officially began the operation of its first property in Singapore over the weekend, one of the company’s important steps in its expansion program outside of the mining sector.

The company’s president director, Rudy Meruck, said in Singapore on Sunday that the property unit, which comprises a hotel and office building, was recently acquired from Singapore-based leading property company Royal Brothers Group for S$218 million (about Rp 1.05 trillion).
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