The Business Times
business-time-50
SUBSCRIBERS

CWG injects US$25m debt financing in US hospitality business

google-preferred-sourceAdd BT as a preferred source
Published Sun, Jan 14, 2018 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

SINGAPORE-LISTED real estate group, CWG International, has extended US$25 million of debt financing to Delaware-incorporated US Hospitality Investments.

CWG said in a filing to the Singapore Exchange on Saturday night that its wholly owned subsidiary, Chiwayland Group (S), has subscribed to a promissory note with a principal amount of US$25 million that was issued by Delaware-incorporated US Hospitality Investments, LLC.

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

Property-based taxes may have limited room to run – and pushing them further risks hitting the wrong people, observers say.

In taxing wealth, how far can Singapore push property owners?

Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

Beijing’s calculated silence on the Iran war 

The iconic rainbow blocks of Rochor Centre were demolished in 2018 to 2019 to make way for the North-South Corridor.

20 photos that show how dramatically Singapore has changed in two decades

Andrew Lee, chairman of OCBC (right), and group chief executive Tan Teck Long speaking at Thursday's (Apr 16) AGM.

Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More