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Business

Khazanah unit sells Andaz Singapore hotel for S$475mil

KUALA LUMPUR: M+S Pte Ltd, the Singapore-based developer in which Khazanah Nasional Bhd has a 60% stake, has agreed to sell a five-star hotel for S$475mil, a record price for a standalone hotel in the island republic.

Temasek Holdings is the 40% partner in M+S.

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Khazanah , Temasek , Andaz

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