The sale of City Towers in Bukit Timah has finally been completed at its fourth en bloc attempt and after a pair of sibling owners initially attempted to block the deal.
CHRISTOPHER Tang, 59, is stepping down as CEO of Frasers Property Singapore at the end of 2019 after 18 years with the group, it said in a bourse filing on Wednesday.
This will make them a cornerstone investor alongside Alibaba, China state-owned Overseas Chinese Town Holding, and an associate company of Hong Kong-based Henderson Land Development.