SUBSCRIBERS

Sunsea court filing dismissed, paving way for Keppel asset sale

Published Mon, Feb 26, 2018 · 09:50 PM

Singapore

THE Court of Appeal has dismissed an application filed by Sunsea Yacht Club (Hong Kong), removing a roadblock to Keppel Corporation's planned divestment of a stake in a China marina project.

Keppel Corp said after Monday's trading hours that the Court of Appeal has dismissed the application, with costs awarded to its two units, Keppel Land China Ltd and Keppel China Marina Holdings Pte Ltd.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here