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Australian fund buys into Singapore firm
POSTED: 5:10 p.m. EDT, September 27,2007

A fund headed by former Patrick managing director Chris Corrigan has entered into a joint venture with a Singaporean logistics company.

Kaplan Funds Management has entered into a US$16.7 million deal to acquire a 9.4 per cent stake in transport company Freight Links.

Under the deal, Kaplan said it would form a joint venture arrangement with Freight Links to seek out new investments in China and Asia.
From: cargonewsasia
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