Tag: M+S Temasek and Khazanah
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M+S. Successful start for Marina One and Duo.
Briefly, M+S is a jointly owned company by Khazanah Nasional and Temasek Holdings. They own 60 percent and 40 percent respectively. This joint venture company was set up in 2011 by the sovereign wealth funds to develop land parcels in Marina South and Ophir-Rochor. This was a land swap deal which ended a 20-year impasse…