You are here

Record UK deal hints at strains in Malaysia's property sector

BT_20180123_BATTERSEA23_3275582.jpg
Two of Malaysia's largest state-owned investment funds are paying £1.6 billion to take over a development at London's famed Battersea power station (above) from a troika led by Sime Darby and SP Setia - both of which they hold stakes in.

Kuala Lumpur

A SURPRISING proposal by two of Malaysia's largest state-owned investment funds to pay a record £1.6 billion (S$2.9 billion) to take over a development at London's famed Battersea power station is stirring talk of a financial bailout and

sentifi.com

Market voices on:

Powered by GET.comGetCom