Malaysia Johor Regent TMJ’s Plan to Sell Singapore Land Clouded by Huge Tax Bill

A Malaysian royal’s plan to sell a tract of land in the heart of Singapore faces a complication: a tax bill that may exceed $1 billion.

By Low De Wei and Niluksi Koswanage · Bloomberg Markets

A Malaysian royal’s plan to sell a tract of land in the heart of Singapore faces a complication: a tax bill that may exceed $1 billion.