CDL Aries exercises call option to purchase Tan Chong International’s property, plant, and equipment for $126.3 million
City Developments Limited (CDL) recently exercised its call option to purchase Tan Chong International Limited’s (TCIL) property, plant, and equipment for a sum of $126.3 million. The purchase price is to be paid in cash. CDL is one of the largest real estate companies in Singapore and holds a majority stake in TCIL. The Myst […]