The Business Times
business-time-50

Landmark Tower buyer continues to seek funds to finance collective sale

ZACD Group aims to raise S$55m by end of Q1, 2019, to pay for its share of the enbloc purchase, says COO

Published Sun, Dec 9, 2018 · 09:50 PM

    Singapore

    ZACD Group has revealed more details about its Landmark Tower purchase in May as it continues to raise funds to finance its stake in the collective sale.

    The Singapore wealth management and real estate services company, Sin Soon Lee Realty and MCC Land who are developing this via joint venture want to launch the condo project in the second half of 2019, at a "low S$2,000 per square foot (psf)".

    TRENDING NOW

    From left: Pham Nhat Quan Anh, Pham Nhat Vuong, Pham Thu Huong and Pham Nhat Minh Hoang. The couple (centre) remain senior figures in Vingroup, with their children’s presence in the ecosystem growing.

    He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons

    The Golden Violet oil tanker docked at a PT Pertamina facility in Tanjung Priok Port in Jakarta, Indonesia. Asia’s new energy security architecture should have a support mechanism to help Asian countries build emergency oil reserves through financing and technical assistance.

    Asia needs new energy security architecture

    The Philippines has lost between 42.3 billion pesos (US$675.6 million) and 118.5 billion pesos to flood-control corruption since 2023.

    Floods compound Philippine growth woes from public-works scandal

    From left: Jefferson Chen, co-founder, group chairman and CEO of Advance Intelligence Group; Byung Joon Han, co-founder, CEO and board director of Silicon Box; Caecilia Chu, CEO and co-founder of YouTrip; Lim Hock Chee, CEO and co-founder of Sheng Siong Group; Praveen Kumar Jain, chairman and co-founder of Valency International.

    Five winners of EY Entrepreneur of the Year 2026 Singapore Awards named

    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