Keppel, through its subsidiary Kapler, completed the acquisition of The9's Chinese subsidiaries, including China The9 Interactive and The9 Computer Technology Consulting, for $70m. "Keppel Land China will continue our strategy to grow our commercial portfolio in China, with a focus on first-tier cities such as Shanghai. Close on the heels of our acquisition of Shangdi Neo in Beijing in early September, we are pleased to secure another commercial property situated in one of China's technology innovation hubs. We are confident that it will meet the strong demand of high-tech enterprises in the fast-developing Zhangjiang business park," Ben Lee, Keppel Land China President.