Another investor looking to buy Singapore property said he was interested in part because the domestic channels for investment were becoming more limited in China.
Vanke, China's largest developer by revenue, will buy the stake from Singapore's Keppel Land Ltd.
He says he would reverse a recent decision by Petrobras, the state oil company, to buy drilling platforms from Singapore.
But the deal, in which DBS would buy a controlling stake from Singapore state investment firm Temasek Holdings, faces significant regulatory hurdles.
Singapore Telecom tried to buy into Timedotcom's parent, but was rebuffed.
Singapore Airlines said it will buy 30 Boeing 787-10X aircraft, the third variant of the plane maker's newest and most technologically advanced passenger jet, subject to Boeing formally launching the model.
As part of its agreement with Airbus announced on Thursday, Singapore Airlines said it has an option to buy 20 more A350 jets from the unit of European Aeronautic Defence and Space Co.
Singapore's DBS Group has received approval to buy a 40% stake in Indonesia's Bank Danamon, more than a year after it launched a multi-billion dollar takeover bid.
Singapore Telecom plans share buybacks too, the reason why Ang has a buy on it.
However, the Singapore-based group, which is among a number of bidders attempting to buy the Magpies, remains hopeful a deal could be concluded soon.
Last October, the Singapore-based carrier placed an order for six 747-400 freighter planes with options to buy nine more.
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