DRB-Hicom sells The Verge at 40% below earlier estimated price

The 75%-completed Tekka Mall in Singapore,DRB-HICOM Bhd's first venture into the international property market.

(Editor’s note: DRB-Hicom has subsequently denied it is selling The Verge at 40% below the price of the earlier aborted deal, saying that the earlier indicative price had not been adjusted to include the redemption of Corwin’s outstanding loan facility. For the story, click here.)