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Singapore’s Top Developer Woes Grow Over China Investment Bloomberg 12/30/2020 Faris Mokhtar © Bloomberg Commercial buildings in the central business district stand near Marina Bay in this aerial photograph taken above Singapore, on Thursday, July 2, 2015. (Bloomberg) The internal woes of Singapore’s second-largest listed developer, City Developments Ltd., continued to escalate after a second board member resigned over disagreements on an investment in China. Popular Searches Koh Thiam Hock stepped down from his position as an independent non-executive director at the firm, according to a Singapore Exchange filing on Tuesday. While the company did not specify the reasons for his departure, it said that Koh quit from his post after sharing his “observations, concerns and suggestions” on the firm’s investment in Chinese developer Sincere Property Group.

United statesMarina baySingapore generalKwek leng peckChong yoon chouSherman kwekCarol fongKwek leng bengKoh thiam hockCity developments ltdCity developmentSincere property groupSingapore exchangeBloomberg commercialThiam hockSincere property