Keppel’s $1.1 Billion M1 Telco Sale to Tuas Stalled by Regulator
Singapore’s regulator has suspended its assessment of Keppel Ltd.’s planned S$1.4 billion ($1.1 billion) sale of one of the city-state’s major telecommunication providers M1 Ltd., throwing into doubt a key...
By Dexter Low · Bloomberg Markets
Singapore’s regulator has suspended its assessment of Keppel Ltd.’s planned S$1.4 billion ($1.1 billion) sale of one of the city-state’s major telecommunication providers M1 Ltd., throwing into doubt a key transaction by the conglomerate-turned-asset manager.