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Singapore Market Waits for Casino Decision

13 April 2005

SINGAPORE – As reported by the Agence France-Presse: "Singapore shares closed little changed on Wednesday, with gains capped by a lack of positive leads in the market, dealers said.

"They said most interest was centred on who or what combination of companies could win a deal to run a casino project for the government, with a decision set to be announced on Monday whether it will indeed go ahead.

"The Straits Times Index rose 0.53 point to 2,174.09 , off a high of 2,178.97, on a volume of 545.9 million shares.

"…The dealer said the market could expect to remain quiet until the government announces on Monday whether it will go ahead with a casino project in Singapore…"

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