Malaysian billionaire acquires Singapore's most expensive land

Kwek, not Quek. It's not enough that a Malaysian tycoon is paying the most ever to build a new office block in Singapore. What's more important is that his billionaire Singapore cousin is staying away.Malaysian billionaire Quek Leng Chan's Guocoland snagged the Beach Road site for a record S$1.62 billion (1.2 billion dollars), beating four suitors, out of which another three were foreign.

2 October 2017