Keppel Philippines Properties controlling shareholders sell out

MANILA, Philippines — Majority shareholders of Keppel Philippines Properties Inc. have signed an agreement to sell their combined 86.83-percent stake in the listed firm to Forward Synergy Group Inc. In a disclosure on Friday, the company said it was informed by Keppel Ltd., Keppel Management Ltd., Molten Pte. Ltd. and KEPwealth Inc. — collectively referred to