Soilbuild repurchases S$1 million in 1% convertibles due 2011

By Devika Patel

Knoxville, Tenn., March 31 - Soilbuild Group Holdings Ltd. said it bought back S$1 million of its S$60 million issued 1% convertible bonds due 2011 for S$1.02 million.

The company has repurchased S$17.5 million of the bonds to date.

Soilbuild is a Singapore-based property developer.

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