Malaysian Billionaire Brothers’ IOI Properties Submits Only Bid For Marina Bay Hotel, Residential Site

A general view of Singapore’s financial business district is seen from Marina Bay in Singapore on … [+] July 12, 2019. (Photo by Roslan RAHMAN / AFP) (Photo credit should read ROSLAN RAHMAN/AFP via Getty Images) AFP via Getty Images IOI Properties Group—controlled by billionaire brothers Lee Yeow Chor and…

Malaysian Billionaire Lim Chee Wai’s Top Glove Fourth-Quarter Profit Slumps Amid Softer Demand

Latex gloves on hand-shaped molds move along an automated system on the production line at a Top … [+] Glove factory in Setia Alam, Selangor, Malaysia, on December 3, 2015. © 2015 Bloomberg Finance LP Top Glove—controlled by billionaire Lim Chee Wai—said Friday profit for the fourth-quarter slumped 48% as…

Malaysian Tycoon Jeffrey Cheah’s Sunway, Partner Win Singapore Housing Site With $277 Million Bid

Jeffrey Cheah, founder and chairman of Sunway Courtesy of Sunway Sunway—controlled by billionaire Jeffrey Cheah—and its partner Hoi Hup Realty won the auction for a residential property in western Singapore with their bid of S$371 million ($277 million), adding to signs the housing market in the city-state is heating up.…