Singapore: Temasek exploring options of sale of portfolio firm Keppel's holdings in M1, REIT

Singapore: Temasek exploring options of sale of portfolio firm Keppel's holdings in M1, REIT

Photo: Reuters

Temasek Holdings Pte is discussing options for portfolio companies Keppel Corp. and Sembcorp Industries Ltd., ranging from divesting their non-core assets to selling shares, as the two Singaporean rig builders grapple with the oil-price slump, people with knowledge of the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter