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Sunsea court filing dismissed, paving way for Keppel asset sale

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

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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.

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