PNB, EPF agree to Battersea extension


Construction cranes are seen in operation around Battersea Power Station in the Nine Elms area of London, Britain, October 25, 2017. - Reuters filepic

PETALING JAYA: Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF), which are proposing to purchase the commercial assets being developed within phase two of the Battersea Power Station (BPS) project in London, have mutually agreed to extend the time period by when they can complete the transaction.

In a filing with Bursa Malaysia yesterday, SP Setia Bhd, which has a stake in the BPS project, said the parties involved in the transaction had mutually agreed to extend the exclusivity and were continuing to work positively and constructively together towards completing the proposed transaction.

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Business , SP Setia , property , Battersea

   

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