Obayashi Corporation (Head Office: Minato-ku, Tokyo, President: Toru Shiraishi) has been awarded a large-scale development project in Singapore.

It is developed by M+S Pte. Ltd, owned 60:40 by Malaysia's strategic investment fund, Khazanah Nasional Berhad, and Singapore's state-owned investment company, Temasek Holdings (Private) Limited respectively.

Obayashi has obtained the award to develop DUO; an integrated development comprising two towers, one housing 660 premium residences and the other tower comprising Grade A office space designed to meet a Green Mark Platinum rating, a five-star hotel, and a unique retail gallery, all set within a park-like environment within the Ophir-Rochor area.

Obayashi is strategically expanding its overseas businesses under our Medium Term Business plan 2012. Obayashi will keep on exploring more opportunities in Asia including Singapore, and other areas such as North America and Middle East.