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Billionaire Kwek Leng Beng’s CDL Posts Record Profit On Hotel Rebound, Robust Home Sales

Por: Forbes Business February 23, 2023

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Kwek Leng Beng, chairman of City Developments Ltd., speaks during a news conference in Singapore, on ... [+] August 11, 2017. Nicky Loh/Bloomberg (CDL)—controlled by billionaire —posted its highest-ever net profit in 2022 as its hotels benefitted from a post-pandemic rebound in travel demand and the developer booked robust sales for its housing projects in Singapore, which has defied a global property downturn. The company said net profit... + full article



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