Aug 6 (Reuters) - Keppel Corporation Ltd KPLM.SI :
- KEPPEL CORPORATION LIMITED (KEPPEL CAPITAL TO ESTABLISH NEW A$1 BILLION WHOLESALE AUSTRALIAN PROPERTY FUND WITH VICINITY)
- UNIT ENTERED INTO A MEMORANDUM OF UNDERSTANDING (MOU) WITH VICINITY CENTRES TO ESTABLISH A NEW PRIVATE FUND
- PARTIES TO MANAGE PROPOSED FUND THROUGH A JOINT VENTURE WHERE KEPPEL CAPITAL AND VICINITY WILL EACH HOLD A 50% STAKE
- KEPPEL CORPORATION- EACH PARTY IS EXPECTED TO INITIALLY HOLD UP TO 10% STAKE REST IN PROPOSED FUND, WHICH IS TARGETED TO CLOSE BY END OF Q1 2019
- VICINITY IS EXPECTED TO INITIALLY INJECT APPROXIMATELY A$1 BILLION OF RETAIL ASSETS INTO PROPOSED FUND
News: VCX Keppel Corp says Unit To Establish New A$1 Bln Private Fund With Vicinity Centres
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Last
$2.50 |
Change
0.010(0.40%) |
Mkt cap ! $11.40B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.51 | $2.49 | $12.89M | 5.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 74134 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 45797 | 2 |
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| VCX (ASX) Chart |