The Business Times
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In brief

Published Thu, Mar 19, 2015 · 09:50 PM

KepCorp's KepLand stake rises to 87.2%

KEPPEL Corp's stake in Keppel Land has grown to 87.2 per cent as at 5pm on Thursday, the company said in a Singapore Exchange filing. Keppel Corp needs to own more than 90 per cent of Keppel Land to delist the company, according to listing rules. But it needs at least 95.5 per cent to complete the buyout by compulsorily buying the remaining shares it does not own.

Two firms plan share consolidation

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