SINGAPORE (Apr 15): City Developments (CDL) announced Wednesday it has just acquired 51.01% joint controlling interest in China’s Sincere Property Group for an initial investment of RMB 4.39 billion ($0.88 billion).

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe