Quek sells China asset

By GURMEET KAUR

GuocoLand dispose of property project in Beijing for RM6.8bil

PETALING JAYA: Malaysian billionaire Tan Sri Quek Leng Chan (pic), who is known for his savvy investment moves, is selling a property development project in Beijing – held under Singapore-listed GuocoLand Ltd – to a state-owned distressed asset management company in China for 10.5 billion yuan (RM6.79bil).

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Business , Tan Sri Quek Leng Chan , Guoco Group

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