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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Temasek, Khazanah to develop prime land parcels

Posted on 28 June 2011

Singapore investment firm Temasek Holdings and Malaysian sovereign wealth fund Khazanah Nasional will jointly develop prime land parcels in both countries into projects worth about S$12.2 billion.
The two investment firms have established two subsidiaries - M+S Pte Ltd and Pulau Indah Ventures Sdn Bhd - for the purpose. Temasek has a 40 percent stake in M+S while Khazanah owns the remaining 60 percent stake………………………………………..Full Article: Source


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