KUALA LUMPUR: The Employees Provident Fund Board (EPF) is subscribing for a 20% stake in a joint venture company which will acquire the Battersea Power Station in London for £400mil (RM1.972bil) while the estimated gross development value (GDV) for this project is close to £8bil (RM39.4bil).
Sime Darby and S P Setia Bhd announced on Thursday that they would each take a 40% stake in the JV company Battersea Project Holding Company Ltd that would acquire the property.
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