Singapore’s Kwek Property Clan Eyes China, Japan for Investments

City Developments Ltd., the Singapore property group controlled by one of the country’s wealthiest families, said it wants to invest S$5 billion ($3.9 billion) in Singapore, China and Japan by...

By Low De Wei and Rthvika Suvarna · Bloomberg

City Developments Ltd., the Singapore property group controlled by one of the country’s wealthiest families, said it wants to invest S$5 billion ($3.9 billion) in Singapore, China and Japan by 2029 as part of measures to regain investor confidence after a feud within the clan.