Brief: Keppel Corp Says Keppel Capital Signed MoU With Mindchamps For Education Real Estate Fund

Mindchamps Preschool

26/07/2018 10:17

July 26 (Reuters) - Keppel Corporation Ltd  KPLM.SI :
    * KEPPEL CAPITAL SIGNS MOU WITH MINDCHAMPS TO ESTABLISH
EDUCATION
REAL ESTATE FUND
    * PARTIES INTEND TO MANAGE PROPOSED FUND THROUGH A JOINT
VENTURE
WHERE KEPPEL CAPITAL AND MINDCHAMPS WILL EACH HOLD A 50 PERCENT
STAKE
    * NEW PRIVATE FUND TO HAVE INITIAL TARGET FUND SIZE S$200
MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ4Mm0zB
Further company coverage:  KPLM.SI 

 ((Reuters.Briefs@thomsonreuters.com;))