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Lincotrade & Associates Unit Establishes Subsidiary

-- Lincotrade & Associates' (SGX:BFT) unit, Lincotrade Capital, established a subsidiary, Linc-A, according to a Tuesday filing with the Singapore Exchange.

The principal activity of the new business is interior fitting-out of assets in the living sector.

Lincotrade Capital has a 50% stake in the new business, while Clear Bright Sky and Wee Henry own the remaining shareholding.

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