Singapore billionaire Kwek Leng Beng-controlled firm to buy Marriott hotel for $366M
Tomas Kauer - News Moderator 
CDL Hospitality Trusts, a Singapore-listed property trust indirectly controlled by billionaire Kwek Leng Beng and his family, plans to acquire a Marriott-managed hotel in Singapore for SGD469 million (US$366 million).
