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Keppel Land Limited
Company in the news
Civil action against Keppel Land subsidiary for land plot in Jakarta ruled inadmissible
At the time, the claimant had sued for a compensation of IDR1.72 trillion as well as the foreclosure of the disputed land.
March 30, 2023
M&A
Keppel Land divests 100% stake in Shanghai Jinju Real Estate Development Co for $196 mil
The divestment is expected to be completed in the 4QFY2022.
October 26, 2022
Company in the news
Keppel Land to wholly divest stake in Flemmington Investments for a total of US$98.6 mil
The total consideration will be fully paid in cash upon the completion of the divestment.
March 15, 2022
Property
Keppel Land issues $280 mil notes with 2% p.a. coupon
Keppel Land, on May 20, issued the same amount of notes to be drawn down under the same programme.
May 28, 2021
Startups, Entrepreneurs, Digital economy
Keppel Land is lead investor in co-living company Cove's US$4.6 mil Series A funding round
Cove was founded in 2018 and is a co-living company that is one of Southeast Asia’s fastest-growing companies in the industry.
December 15, 2020
Property
Keppel Land subsidiary divests remaining 30% interest in Vietnam's Dong Nai Waterfront City for $115.9 mil
With the divestment, Keppel Land expects to recognise a gain on disposal of some $52.5 million.
December 01, 2020
Property
Keppel divests 70% interest in Dong Nai Waterfront City for $136 mil
SINGAPORE (Jan 28): Keppel Corporation announced that a wholly-owned subsidiary Keppel Land Limited (KLL), Portsville, is divesting a 70% interest in Dong Nai Waterfront City (DNWC) to Nam Long Investment Corporation for a consideration of VND 2,313 billi
January 28, 2019
Keppel hit by lawsuit to restrain sale of stake in Zhongshan Keppel Cove development
SINGAPORE (Nov 21): Keppel Corporation announced that Keppel Land China (KLC), a wholly-owned subsidiary of Keppel Land, and Keppel China Marina Holdings (KCMH) were on Monday served as co-defendants in a writ of summons filed by Sunsea Yacht Club (Hong K
November 21, 2017
Property
Keppel Land makes $60 mil acquisition of prime Jakarta site to develop residential building
SINGAPORE (Sept 19): Keppel Land is acquiring a prime site in Jakarta, Indonesia, for IDR586 billion ($60 million) from Bank Central Asia via its wholly-owned subsidiary, PT Sukses Manis Tangguh.
September 19, 2017