Mainland Real Estate Ltd (MUSE:MAIN.N0000) acquired an unknown majority stake in LK REIT Management Pte. Ltd. and Peninsula Investment Limited for SGD 0.14 million on December 28, 2018. Under the terms of the transaction, Mainland Real Estate Ltd acquired two ordinary shares representing 66.7% stake in LK REIT Management Pte. Ltd. for SGD 0.05 million and 1.6 million shares representing 51.9% stake in Peninsula Investment Limited for $0.06 million (SGD 0.09 million). Mainland Real Estate Ltd (MUSE:MAIN.N0000) completed the acquisition of an unknown majority stake in LK REIT Management Pte. Ltd. and Peninsula Investment Limited on December 28, 2018.