Singapore Billionaire Kwek Leng Beng’s City Developments To Post Losses Amid China Woes, Covid-19 Lockdowns

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. Via Forbes - Real Estate https://ift.tt/3d56d7A