The acquisition will be made via a share sale and purchase agreement (SPA) that Keppel Land China has inked several wholly-owned subsidiaries of The9 Limited in China which collectively own the property.
With this technology, trade financing can be provided in 24 hours, compared with the weeks and months using the traditional paper-based approach, said DBS.
The HSI index has an almost unchanged close on Tuesday due to the Chinese deflation.
The 3.9% plunge reported to be biggest loss since January 1994.
