Surbana Jurong

Both companies will first focus on smart and sustainable integrated facilities management.

The companies will collaborate on a new transit-oriented development in Bumi Serpong Damai City.

The collaboration aims to develop an "innovative, adaptable and sustainable multi‐fuels and energy facility".

The offering was over six times oversubscribed, drawing over $1.7 billion in orders.

Mah will succeed Liew Mun Leong, Surbana Jurong’s founding chairman, who retired in the wake of a highly publicised court case.

The facility will help support safe business exchanges and is said to create over 800 jobs in Singapore.

Under the MOU, Keppel Data Centres, Chevron, Pan-United and Surbana Jurong will jointly explore, identify and develop mature carbon capture technologies, coupled with novel technologies that utilise cryogens, membranes and hydrogen.

Urban infrastructure consultancy Surbana Jurong came under the limelight recently, following several social media posts querying its role in the setting up and running of Community Care Facilities (CCFs) for Covid-19 isolation, like at the Singapore Expo.

Temasek revives art deco-inspired shophouse as a cradle for social impact

SINGAPORE (Jan 21): Shares of Boustead Singapore and Boustead Projects rose on Monday morning.