You are here

Temasek weighing Keppel sale of M1, office Reit stakes: sources

"To be very clear, our cash position is not an issue. We have a very strong balance sheet," CEO Loh Chin Hua said of Keppel at its earnings briefing.


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...