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Shun Tak acquires its first hotel site in S'pore

Published Mon, May 23, 2016 · 09:50 PM

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Singapore

HONG KONG-LISTED Shun Tak Holdings, a company founded by casino tycoon Stanley Ho, has acquired its first property here for S$145 million.

Its wholly-owned unit Shun Tak Real Estate (Singapore) Pte Ltd has acquired a prime freehold site at 9 Cuscaden Road, belonging to the late Tan Hoon Siang, the great-grandson of famous philanthropist Tan Tock Seng.

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