Temasek, JTC merge 4 realty cos to form S$5b urban development giant

Temasek, JTC merge 4 realty cos to form S$5b urban development giant

JTC's Jurong Island. Visual from company website

Singapore state-fund Temasek Holding and JTC Corporation, the government agency responsible for the development of industrial infrastructure, Monday announced they had reached a deal to combine four of their real estate units into a S$ 5 billion integrated platform.

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