Keppel’s $1.1 Billion M1 Telco Sale to Tuas Stalled by Regulator

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 transaction by the conglomerate-turned-asset manager.

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