Asia real estate and outbound investment news
Casino developer Landing International Development has suspended its chairman and executive director Yang Zhihui, after having been notified that the Hong Kong Securities and Futures Commission (SFC) had filed a case accusing him of dishonest behaviour and self-dealing.
The SFC… Read More>>
The chairman of China’s most notorious casino developer has been placed under investigation by mainland regulators, but Yang Zhihui remains in control of Hong Kong-listed Landing International Development, according to stock exchange announcements this week.
Yang has resigned his role… Read More>>
Troubled mainland casino builder Landing International Development has been reshuffling its board this month, with an executive director having exited the company, and a non-executive director having been added to the developer’s top decision making body.
The board… Read More>>
Frugality may be the watchword under Xi Jinping’s regime, but apparently some of the country’s real estate moguls are hoping that the new guidelines don’t apply to their private aircraft.
And there don’t appear to be any Cessnas in sight… Read More>>
A Chinese developer is teaming up with the company behind one of Singapore’s Sentosa casinos to invest US$2.2 billion in a new gambling-centred project in South Korea, the companies announced this week.
The joint venture between Genting Singapore Plc and… Read More>>
