City Developments (CDL) is attempting to put its ill-fated $1.9 billion investment in Sincere Property Group behind. By any measure, it is not a small amount of money, even for billionaire property tycoons.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

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


  • 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