Billionaire Kwek Family’s CDL Sells Stake In Singapore’s South Beach To Malaysia’s IOI Properties
- Posted on June 4, 2025
- By Forbes
- 2 Views

Billionaire Kwek Family’s CDL Sells Stake In Singapore’s South Beach To Malaysia’s IOI Properties

Under the deal, IOI Properties will buy CDL’s 50.1% stake in South Beach in a deal valuing the the property at S$2.75 billion ($2.1 billion).