City Harvest Church said its management board is in discussion with the relevant parties and a statement will be issued shortly regarding its S$310 million stake in Suntec Singapore. The church was recently asked by the Commissioner of Charities about this business venture. City Harvest did not create a separate business entity for the purchase. There are concerns regarding this arrangement because the...
Commissioner of Charities
THE Commissioner of Charities has questioned City Harvest Church (CHC) about its $310 million stake in Suntec Singapore. The 33,000-strong megachurch announced two weeks ago that it had become a co-owner of the downtown commercial property, which houses a convention and exhibition centre. The complex's full name is Suntec Singapore International Convention and Exhibition Centre. The money spent includes...