Singapore, December 15 – City Developments Limited (CDL) has entered into an agreement with Alpha Investment Partners Limited (Alpha), through Alpha Asia Macro Trends Fund II (AAMTF II), to create a joint office investment platform via its second Profit Participation Securities (PPS) transaction that will acquire three of CDL’s prime office assets. Through this transaction, both CDL and AAMTF II …
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Dec 15, 2015 News Releases Comments Off on CDL and Alpha Investment Partners in S$1.1 billion Singapore Office Venture via a new Profit Participation Securities Platfrom
CDL and Alpha Investment Partners in S$1.1 billion Singapore Office Venture via a new Profit Participation Securities Platfrom
Dec 15, 2015 News Releases Comments Off on Hong Leong Finance Unveils New Mobile Responsive Website With New Fixed Deposit Promotion
Hong Leong Finance Unveils New Mobile Responsive Website With New Fixed Deposit Promotion
15 December 2015 – To mark the launch of its newly revamped website (www.hlf.com.sg), Hong Leong Finance (HLF) is releasing a celebratory fixed deposit promotion. From today, 15 December, it will offer up to 1.99% per annum for new deposits – one of the highest fixed deposit rates in town. Individual depositors and selected organisations placing fresh funds of at …
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Nov 16, 2015 News Releases Comments Off on CDL mourns the passing of Deputy Chairman, Mr Kwek Leng Joo
CDL mourns the passing of Deputy Chairman, Mr Kwek Leng Joo
The Board of Directors of City Developments Limited (CDL) is deeply saddened to announce that Mr Kwek Leng Joo, Deputy Chairman and Executive Director of CDL, aged 62, passed away in his sleep early this morning as a result of a sudden heart attack. Appointed as a Director of CDL since 1980, Mr Kwek Leng Joo assumed the position of …
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M&C Spends S$280 Million On Global Refurbishment
Singapore, 13 November 2015 – Millennium & Copthorne Hotels (M&C) has to date invested over £130 million (S$280 million) to upgrade and enhance its hotels globally, since embarking on its refurbishment programme in 2011. The extensive refurbishment programme has seen hotels from Asia Pacific, the United Kingdom and North America undergoing upgrade works to their premises.
Nov 12, 2015 News Releases Comments Off on Millennium & Copthorne Announces Appointment Of New President of Asia
Millennium & Copthorne Announces Appointment Of New President of Asia
Singapore, 9 November 2015 – Millennium & Copthorne International Limited (MCIL) is proud to announce the appointment of Mr Cetin Sekercioglu as President, Asia. Headquartered in Singapore, MCIL is the Asian arm of Millennium & Copthorne Hotels plc (M&C). With more than 30 years of experience in the hospitality industry, Mr Sekercioglu has a distinguished career in hotel management internationally. …
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Oct 28, 2015 News Releases Comments Off on Hong Leong Foundation Donates $8.2 Million to Asian Civilisations Musuem
Hong Leong Foundation Donates $8.2 Million to Asian Civilisations Musuem
Singapore, 27 October 2015 – Ahead of the unveiling of its first newly revamped spaces in November 2015, the Asian Civilisations Museum (ACM) has received a boost to its research efforts and the development of programmes in the form of a cash donation of S$400,000 from the Hong Leong Foundation. Dr Alan Chong, Director of ACM said, “The Hong Leong …
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