Singapore Billionaire Kwek Leng Beng’s City Developments To Post Losses Amid China Woes, Covid-19 Lockdowns
- Date: 07-Aug-2021
- Source: Forbes
- Sector:Economy
- Country:Middle East
Singapore Billionaire Kwek Leng Beng’s City Developments To Post Losses Amid China Woes, Covid-19 Lockdowns
Kwek Leng Beng, chairman of City Developments, speaks during a news conference in Singapore, on ... [+] August 11, 2017.
City Developments—controlled by billionaire Kwek Leng Beng—said Friday the property developer will report further losses in the first half this year amid the lingering impact Covid-19 lockdowns and financial troubles at Chinese subsidiary Sincere Property Group.
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