News Formal

RM11.3 bil project with Temasek called off due to 'soft market', says PDC

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

It says cancellation of the BPO Prime project was mutual. FMTNews

August 8, 2019 8:04 PM

“However, due to soft market conditions, the project has been cancelled by all parties,” the statement read. Temasek is Singapore’s sovereign wealth fund with a reported net portfolio value of S$313 billion as of March 31 this year. The late state Umno chief Zainal Abidin Osman questioned the Singaporean companies’ abrupt withdrawal.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 5. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

InvestPenang says ‘soft’ property market killed RM1.3b BPO Prime project | Malay MailGEORGE TOWN, Aug 8 ― The termination of Penang’s RM1.3 billion joint venture BPO Prime was a mutual decision reached with Singapore’s Temasek Holdings due to the softening conditions in the current property market, Datuk Seri Lee Kah Choon said today. The InvestPenang executive director said...
Källa: malaymail - 🏆 1. / 86 Läs mer »