Kwek Leng Beng Honoured With SG50 Outstanding Chinese Pioneers Award
6 February 2015 – Property and hotel magnate, Mr Kwek Leng Beng, Executive Chairman of Hong Leong Group, received the SG50 Outstanding Chinese Pioneers Award from President Tony Tan today. The award, by the Singapore Chinese Chamber of Commerce & Industry (SCCCI), honours the Republic’s outstanding Chinese business pioneers and their exemplary contributions to nation-building. This is the first major …
Read more
Millennium Hotels and Resorts Announces Renovations Across North American Properties
February 4, 2015 – Millennium Hotels and Resorts reaffirms its commitment to the North American market with the announcement of upgrades at its hotels in Los Angeles, Anchorage, and Buffalo. “The continued renovations to our properties are an important step forward for our brand,” said Colin Wang, Vice President Operations. “We look forward to showcasing the fresh, new look to …
Read more
Hong Leong marks Jubilee Year with a Duck Tour for the Elderly
22 January 2015 – Singapore’s Golden Jubilee celebrations came early to nearly 50 elderly beneficiaries when Hong Leong Foundation, the charity arm of Hong Leong Group, took them out on a Duck Tour through the city and the waters of Marina Bay. The Duck Tour is part of the Foundation’s annual charity event which includes cash giveaways of about S$580,000 …
Read more
CDL China Acquires Upscale Residential Project In Shanghai China
19 December 2014- CDL China Limited (CDL China), a wholly-owned subsidiary of City Developments Limited, has successfully acquired a high-end, low-density residential project with gross floor area (GFA) of 35,732 square metres (sqm) in Shanghai’s Qingpu District. The transaction was completed on 10 December 2014, through Shanghai Victory Star Investment Consulting Ltd, an indirect wholly-owned subsidiary of CDL China, via an …
Read more
CDL Unveils Unique S$1.5 Billion Investment Platform
16 December 2014 – City Developments Limited (CDL) has partnered with Blackstone’s Tactical Opportunities Fund and CIMB Bank Berhad, Labuan Offshore Branch to create a unique investment platform that will invest in the cashflows of CDL’s properties in Sentosa Cove, called the Quayside Collection. Through this transaction, a total of S$1.5 billion will be raised. The Quayside Collection, an upscale integrated …
Read more