MBS parent stands to reap up to US$3.5b by selling stake in mall

Singapore

THE parent company of Marina Bay Sands (MBS) expects it could potentially reap US$3 billion to US$3.5 billion from the sale of a 49 per cent stake in the integrated resort's shopping mall.

"That could make it the most expensive mall ever sold in the world," its management said in a conference call following the release of its financial results.

The company is restricted from divesting any part of the mall until a morat…