SLB moves beyond property development
It's scaling back property development and raising exposure to fund management and alternative asset classes.
Kalpana Rashiwala
Singapore
THE risk involved in embarking on property developments in the current climate is prompting SLB Development to modify its strategy.
The company is the property development arm of mainboard-listed construction firm Lian Beng Group that was spun off via a Catalist listing in April 2018.