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CWG to build Suzhou integrated development

The development will house serviced apartments, premium residential units and retail space

Published Thu, Mar 30, 2017 · 09:50 PM

Singapore

PROPERTY developer CWG International is planning to build an integrated development next to the iconic Suzhou Ferris Wheel Theme Park in China.

On Thursday, the Mainboard-listed company, formerly known as Chiwayland International, said it has acquired 60 per cent of the equity interest in Suzhou Xinglun Tourism (previously called Suzhou Industrial Park Business Travel Tourism Industry) for 197.18 million yuan (S$40 million).

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