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Keppel Reit rating not affected by MBFC buy: S&P

Wednesday, September 24, 2014 - 00:00

CREDIT-RATING agency Standard & Poor's (S&P) said on Tuesday that Keppel Reit's BBB rating is not affected by its proposed acquisition of a one-third stake in Marina Bay Financial Centre (MBFC) Tower 3.The net purchase price is about S$1.2 billion."We expect the acquisition to enhance

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