HONG KONG-LISTED Shun Tak Holdings, a company founded by casino tycoon Stanley Ho, has acquired its first property here for S$145 million. Its wholly-owned unit Shun Tak Real Estate (Singapore) Pte Ltd has acquired a prime freehold site at 9 Cuscaden Road, belonging to the late Tan Hoon Siang, the great-grandson of famous philanthropist Tan Tock Seng. The sale price reflects a land rate of about...
Shun Tak Holdings
SHUN Tak Holdings, a company founded by gaming tycoon Stanley Ho, has acquired its first property here. It is paying S$145 million for a prime freehold site at 9 Cuscaden Road, belonging to the late Tan Hoon Siang, the great-grandson of famous philanthropist Tan Tock Seng. The site, where a two-storey grey bungalow stands now, was put up for sale by his three sons, acting as trustees for his...