Singaporean oil rig builder Keppel Corp. is delisting its property development arm in a bid to diversify revenues.
April 14, 2015 at 08:07 PM
1 minute read
The original version of this story was published on Law.Com
Singapore’s Allen & Gledhill and WongPartnership have the lead roles on the $2.6 billion privatization of city-state property developer Keppel Land Ltd.
Keppel Corp., Singapore-based infrastructure builder and parent of Keppel Land, is delisting the developer from the Singapore Exchange by offering $3.37 apiece for all outstanding shares. Keppel Corp. is acquiring the target company in order to diversify its revenue streams.
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