IOI Properties Bhd and Ho Bee Investment Ltd have won a bid to buy land on the resort island of Sentosa, Singapore, for S$1.097 billion (RM2.5 billion).IOI Properties, a unit of planter IOI Corp Bhd, and its Singaporean partner will build a 20-storey condominium on the 2.12ha site in Sentosa Cove. Sentosa Cove is a marina resort and waterfront housing project on Sentosa island.
(10-1-2008 New Straits Times)
No comments:
Post a Comment