login
who are we?
contact us
qosheapp
Toi Staff
Gideon Levy
Jeffrey Bernstein Ph.d
Rachel Marsden
Tarik Cyril Amar
Omar Mohammed
Muhannad Ayyash
Billionaire Kwek Family’s CDL Sells Stake In Singapore’s South Beach To Malaysia’s IOI Properties
The South Beach, located in the Singapore central business district, houses the JW Marriott Hotel ... More and an office block.
City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng and his family—has agreed to sell a majority stake in a mixed used office, hotel and residential complex in the Singapore central business district to its Malaysian partner, IOI Properties.
Under the deal, IOI Properties—controlled by controlled by Malaysian billionaire brothers Lee Yeow Chor and Lee Yeow Seng, whose family made their fortune from palm oil—will buy CDL’s 50.1%........
© Forbes
visit website