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Khazanah not currently in talks to sell stake in joint ventures with Temasek

Anita Gabriel

Anita Gabriel

Published Thu, Aug 23, 2018 · 09:50 PM

    Singapore

    TALK of Khazanah Nasional Bhd seeking to sell its stake in M+S Pte Ltd resurfaced this week - this time in a report by a Malaysian newspaper.

    M+S - a 60:40 joint-venture company with Singapore's Temasek Holdings - is the developer of two iconic mixed-development projects in the city state, the Duo in the Ophir-Rochor area and and Marina One in Marina Bay that are worth a combined S$11 billion in gross development value.

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