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CDL acquires full control of W Singapore-Sentosa Cove, Quayside Isle

Group CEO Sherman Kwek says there are plans to renovate parts of W Hotel, which is performing well

Singapore

CITY Developments Limited (CDL) acquired the remaining 62.5 per cent stake from the investors of Profit Participation Securities (PPS) 1 structure for S$393 million, giving it full control of W Singapore-Sentosa Cove and Quayside Isle as it seeks...

sentifi.com

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