Billionaire Kwek’s CDL Hospitality Buying Moxy Singapore For $366 Million Amid Travel Boom
CDL Hospitality Trusts—controlled by billionaire Kwek Leng Beng and his family’s City Developments—is acquiring Moxy Singapore Clark Quay, a hotel along the Singapore River near the Raffles Place central business district, for about $366 million amid travel boom.
We haven't written up this one. Forbes has the full story — the link below goes straight to it.