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Keppel Land to divest remaining 30% stake in Dong Nai Waterfront City

Published Tue, Dec 1, 2020 · 09:50 PM

Singapore

KEPPEL Corp's property arm, Keppel Land, is divesting its remaining 30 per cent interest in Dong Nai Waterfront City (DNWC) for about 1.95 trillion dong (S$115.9 million) in cash.

The transaction follows the divestment of Keppel Land's 70 per cent stake in DNWC to Nam Long Investment Corporation (NLG), which was announced in 2019.

KeppelVietnam

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