Temasek weighing Keppel sale of M1, office Reit stakes: sources
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Singapore
TEMASEK Holdings Pte is discussing options for portfolio companies Keppel Corp and Sembcorp Industries Ltd, ranging from divesting their non-core assets to selling shares, as the two Singaporean rig builders grapple with the oil-price slump, people with knowledge of the matter said.
The Singapore investment company is weighing the possibility of Keppel selling its 19.1 per cent stake in wireless operator M1 Ltd and paring its 44.6 per cent interest in office landlord Keppel Reit, the people said, asking not to be identified as the information is private.
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