Friday, January 21, 2011

Resorts World Prop in talks to buy SingTech's office block for S$150m

KUALA LUMPUR: Genting Singapore PLC unit Resorts World PROPERTIES [] Pte Ltd is in talks to acquire Singapore Technologies' office block for nearly S$150 million.

Genting Singapore president and chief operating officer Tan Hee Teck said on Thursday, Jan 20 the sale and purchase of the office block was still the subject of negotiations.

The company had issued the statement to clarify a Singapore Business Times report that Resorts World at Sentosa Pte. Ltd was in negotiations to acquire the building.




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