Temasek Holdings Pte and Khazanah Nasional Bhd, the state-owned investment companies of Singapore and Malaysia, signed S$5 billion ($3.9 billion) of property development loans, according to a person familiar with the matter.
DBS Bank Ltd, Oversea-Chinese Banking Corp, United Overseas Bank Ltd and Malayan Banking Bhd lent S$850 million each, while Australia & New Zealand Banking Group Ltd., Sumitomo Mitsui Banking Corp and Bank of Tokyo-Mitsubishi UFJ Ltd each pledged S$500 million, .... Full story
