The stability of the DoubleTree by Hilton is what prompted the group to make the purchase.
RANKED 20th among Singapore’s top-50 richest, with a net worth of US$1.4bil (RM5bil) by Forbes last year, founder and chairman of Royal Group Holdings Asok Kumar Hiranandani knows it too well when he has gotten a good deal.
The question now is whether he wants to expand that good deal to include the retail portion of the mixed integrated Intermark development.
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