Corporate digest
Keppel Land
KEPPEL Land on Tuesday said that it has, through its wholly-owned subsidiary PT Sukses Manis Indonesia, signed an agreement with Indonesian property developer, PT Metropolitan Land (Metland), to jointly develop a 12-hectare residential site in the Metland Menteng township in East Jakarta, Indonesia.
Keppel Land will hold a 50 per cent stake in the joint operation, which will yield about 500 landed homes with ancillary shophouses for sale.
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