Keppel to divest 35% stake from Chengdu residential development for $94 mil
Keppel Corporation has agreed to divest its 35% stake in Chengdu Taixin Real Estate Development Co., Ltd. to Vanke (Chengdu) Enterprise Co., Ltd. through its real estate division. The consideration for the stake will involve a single tranche of cash amounting to RMB504 million ($94 million). Chengdu Taixin, a joint venture between Keppel and Vanke, […]