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Keppel eyes 30% stake in China project

Its share of office and retail complex in Guangzhou comes to HK$141m; China's Topchain holds remaining stake

Fiona Lam

Published Tue, Sep 24, 2019 · 09:50 PM

Singapore

THE property arm of Keppel Corporation is looking to buy a 30 per cent stake in Win Up Global (WUG) - which will ultimately own Westmin Plaza, an office and retail development in Guangzhou, China - for a total investment of HK$141.4 million (S$24.8 million).

Keppel Land China, a wholly owned subsidiary of Keppel Land, has entered…

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