Keppel to Sell 51% Stake in Office Tower Vehicle for S$611 Million
Keppel said it would sell a 51% stake in K-Commercial, which owns the Keppel South Central office building, to Keppel REIT for about S$611 million ($477.42 million).
Singapore's Keppel SGX:BN4 said on Tuesday it would sell a 51% stake in K-Commercial, the entity that owns the Keppel South Central office building, to Keppel REIT SGX:K71U for about S$611 million ($477.42 million).Here are the details:($1 = 1.2798 Singapore dollars)