Business first reported 1h ago by Forbes · updated 20m ago

Billionaire Kwek’s CDL Hospitality Buying Moxy Singapore For $366 Million Amid Travel Boom

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Forbes FIRST 1h ago Billionaire Kwek’s CDL Hospitality Buying Moxy Singapore For $366 Million Amid Travel Boom
CDL Hospitality Trusts—controlled by billionaire Kwek Leng Beng and his family’s City Developments—is acquiring Moxy Singapore Clark Quay, a hotel along the Singapore River near the Raffles Place central business district, for about $366 million amid travel boom.