Tie-up involving Singapore’s 2nd richest man Kwek Leng Beng’s CDL offers $422M top bid for prime housing site

Tie-up involving Singapore’s 2nd richest man Kwek Leng Beng’s CDL offers $422M top bid for prime housing site
A joint venture including City Developments, controlled by billionaire Kwek Leng Beng, has set the top bid of S$542.4 million (US$422.2 million) for a residential site in the city-state’s prime District 9.