Singapore Billionaire Kwek Leng Beng’s City Developments To Post Losses Amid China Woes, Covid-19 Lockdowns
- Saturday, August 7, 2021, 7:13
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City Developments—controlled by billionaire Kwek Leng Beng—said Friday the property developer will report further losses in the first half this year amid the lingering impact Covid-19 lockdowns and financial troubles at Chinese subsidiary Sincere Property Group.
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