Temasek Holdings

A joint venture between Malaysia sovereign wealth fund Khazanah and Singapore state investor Temasek is selling the office and retail units of its DUO property development in Singapore, it said late on Monday (Jul 29). The joint venture named M+S Pte Ltd will sell all the shares of its wholly owned subsidiary, Ophir-Rochor Commercial Pte Ltd, worth S$1.575 billion (US$1.15 billion) to Allianz Real...

S$3 billion mixed development property is set to vastly alter the Bugis skyline over the next few years. Named DUO, the property will comprise residences, offices, hotel and retail space. Its developer, M+S, jointly owned by Malaysia's Khazanah Nasional and Temasek Holdings, unveiled the design of the project on Wednesday. By 2017, two new towers will be added to the Bugis skyline. Enclosed in a...

Marina One, a landmark mixed-use development at Marina South, broke ground on Wednesday. M+S, a joint venture owned by Malaysia's Khazanah Nasional and Singapore's Temasek Holdings, says the development will provide commerce, high-end residences and retail spaces, and is on track to be completed by 2017. The 60:40 joint venture between Khazanah Nasional and Temasek came about after a landmark land...

Singapore investment company Temasek Holdings and its Malaysian counterpart Khazanah Nasional have signed S$5 billion worth of property development loans, according to a person familiar with the matter. DBS Bank, Oversea-Chinese Banking Corp, United Overseas Bank and Malayan Banking lent S$850 million each, while Australia and New Zealand Banking Group, Sumitomo Mitsui Banking and Bank of Tokyo-Mitsubishi...

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...