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Tuesday July 7th 2020 12:18:04 AM
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Temasek invests in Lido Boulevard?

starbiz - 180213

18-Feb-2013: The Star's StarBiz reported that Temasek had last year acquired a 30% stake for RM300 million in Central Malaysian Properties Sdn Bhd (CMP), which is developing Lido Boulevard. The source said Temasek planned to increase its stake in CMP, which would lead to a corporate restructuring, including changing the company's name. The majority shareholder of CMP, Tan Sri Vincent Tan owns a 47 per cent stake in the firm. Lido Boulevard is an integrated waterfront development project with a gross development value (GDV) of RM4 billion, located next to Danga Bay.

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