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