Pel and Orosi to purchase nine per cent of Shaftesbury

Singapore-based PEL Holdings and Orosi Holdings will take an additional stake of 9.3% in FTSE-250 listed Shaftesbury, according to a report citing Bloomberg.

As of 15:14 shares in the commercial property investment company were rising 3.33% to 897.5p, and were trading just below their 52-week high of 903p.

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