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DIC buys Asian spa group
- United Arab Emirates: Monday, March 31 - 2008 at 08:11
Dubai International Capital paid an undisclosed sum for a significant stake in Singapore-based True Group, which runs a chain of yoga, fitness and spa centres in South East Asia. The True Group operates 17 outlets and has 70,000 members in Singapore, Malaysia, Thailand and Taiwan and now plans to expand to 100 outlets over the coming five years.
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StaffMonday, March 31 - 2008 at 08:11 UAE local time (GMT+4)
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