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Hongkong Land Is Said to Seek Stake in Tycoon’s Singapore Assets
Source: Bloomberg
M&A & RestructuringHousing & Real EstateConsumer Demand & Retail
Hongkong Land is in discussions with Hotel Properties Ltd., linked to Ong Beng Seng, to buy a majority stake in three buildings in Singapore’s Orchard Road shopping belt, according to people familiar with the matter. No deal value, timing, or agreement was reported.
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