Singapore: Ascendas Hospitality denies divestment from Melbourne hotels,Tesla revives push into city-state

Singapore: Ascendas Hospitality denies divestment from Melbourne hotels,Tesla revives push into city-state

A Tesla car 'Model S' sits in a dealership in Berlin, Germany, November 18, 2015. REUTERS/Hannibal Hanschke

Singapore-listed Ascendas Hospitality, a unit of the Temasek Holdings-backed Ascendas conglomerate, has denied reports that it plans to divest Australian hotel assets. Meanwhile, Tesla Motors is reviving its efforts in Singapore with the planned opening of a new office.

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