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MBS granted 1 more year to start building its S$4.5b extension

Kelly Ng

Kelly Ng

Published Wed, Apr 6, 2022 · 09:50 PM

    Singapore

    SINGAPORE'S Marina Bay Sands (MBS) now has 1 more year to kickstart its S$4.5 billion expansion plan, with this reprieve being granted by the Singapore Tourism Board (STB).

    According to a filing with the US Securities and Exchange Commission dated Mar 30, the integrated resort operator has until Apr 8, 2023 to "commence construction" on the plans defined in a development agreement it signed with the STB in April 2019.

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