Raffles Medical

Raffles Medical: is selling the commercial podium of Thong Sia Building to Kishore Buxani, managing director of the Buxani Group, for $120m, more than two years after paying $92.08m for it in Feb '11. With the sale of the eight strata-tiled units in Thong Sia Building - the freehold mixed-use commercial and residential property at 30 Bideford Road, opposite Paragon shopping and medical centre - along with the RMG unit that owns them, the group expects to book net gains of $40.8m. The counter is up 0.6% at $3.20