Battersea earnings could be recognised by Q4 next year


Kwasa Land Sdn Bhd is a unit of the Employees Provident Fund

PETALING JAYA: Earnings from the sale of Sime Darby Property Bhd’s Battersea Power Station Phase 2 (BPS2) project to Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF) could be recognised by as early as the fourth quarter of next year.

In a research report yesterday, Maybank Investment Bank Research (Maybank IB) said the deal with PNB - EPF was expected to be concluded by next month.

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Business , Sime Darby , property , Maybank , Battersea , earnings , PNB , EPF ,

   

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