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Home / News / Ma

Keppel divests subsidiary Waterfront Investment for $2 mil

M&A

Keppel divests subsidiary Waterfront Investment for $2 mil

Atiqah Mokhtar Published on Fri, Jun 04, 2021 / 6:01 PM GMT+8

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Keppel Corporation has announced that its wholly-owned subsidiary, Keppel Marina Holdings (KMH), has divested its entire 100% interest in Waterfront Investment (WIPL) and assigned its existing shareholder loan to WIPL for an aggregate cash consideration of approximately $2 million.

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