CDL’s Kwek clan looks to invest US$3.9b in Singapore, China, Japan to raise confidence
City Developments (CDL), the Singapore property group controlled by one of the country’s wealthiest families, said it wants to invest S$5 billion (US$3.9 billion) in Singapore, China and Japan by 2029 as part of measures to regain investor confidence after a feud within the clan. The firm also aims to sell S$6 billion of assets within the same period either via outright divestments or seeding suitable assets into managed vehicles, according to an exchange filing on Monday. It wants to set up…
Where: Singapore, China, Japan
Exact coordinates
singapore: 1.350, 103.820
china: 35.860, 104.200
japan: 36.200, 138.250
Read it at South China Morning Post See this on the map
What might happen next? AI-generated
These scenarios are written by an AI language model from the headline and summary above. They are not predictions from the newsroom, and they are not evidence of anything. Every one is given a deadline and checked against later coverage, and the score is published on the ledger — including the ones that miss.
ForecastGeo shows the headline and summary published by the newsroom and places the story on a map. The full article lives at the source.