Battersea Power Station deal above board, say S P Setia, Sime Darby Property

KUALA LUMPUR (June 13): The Battersea Power Station (BPS) is a prime central London development that was acquired by Sime Darby Property Bhd, S P Setia Bhd and the Employees Provident Fund (EPF) through "a competitive tender process" in September 2012, said S P Setia and Sime Darby Property.

The property developers were responding to news reports quoting PKR de facto leader Datuk Seri Anwar Ibrahim that the BPS deal and other major "dubious" property investments in the UK will be investigated by the new Pakatan Harapan government.