The group says that this will make SUTL Enterprise the largest owner/operator of integrated marinas in Singapore with a combined 436 berths.
SUTL Enterprise has signed a put-and-call option to acquire Marina at Keppel Bay from Keppel Bay for $40 million.
The acquisition is expected to be completed in the second half of 2026, and will result in the group adding another 166 berths with superyacht berthing capabilities for vessels up to 280-feet.
