City Developments (CDL), the Singapore property group controlled by one of the country’s wealthiest families, said it wants to invest S$5 billion (US$3.9 billion) in Singapore, China and Japan by 2029 as part of measures to regain investor confidence after a feud within the clan.
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September 28, 2026 at 2:27 AM
CDL’s Kwek clan looks to invest US$3.9b in Singapore, China, Japan to raise confidence
SCMP News
Excerpt from SCMP News.