Malaysia’s Sunway Buys Mcl Land Hongkong Land 739 Mil Cash Deal
MAJOR ON THISHongkong Land has inked a deal with Sunway Group to divest its Singaporean and Malaysian residential development business, MCL Land, for a net asset value of $739 million. This move will contribute to Hongkong Land’s goal of recycling at least US$4 billion by end-2027. Hongkong Land CEO Michael Smith says the transaction will […]