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Corporate digest

Published Tue, Sep 27, 2016 · 09:50 PM

Keppel Corp

KEPPEL Corporation's Keppel Land has agreed to acquire a 25 per cent stake in Quoc Loc Phat Joint Stock Company (QLP) for 412.33 billion dong (S$25.6 million), raising its effective stake in the real estate development firm to 45 per cent. The sale and purchase agreement was inked between Keppel Land's wholly owned subsidiary Orbista Pte Ltd and Pham Quang Hung, a shareholder of QLP.

FJ Benjamin

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