Billionaire Wee Cho Yaw’s UOL To Sell Singapore Property For $389 Million To Tycoon Choo Chong Ngen

Pan Pacific Hotels Group is selling one of its hotels in Singapore to Midtown Properties, a company owned by tycoon Choo Chong Ngen, founder of the Hotel 81 budget hotel chain, for S$525 million ($389 million).

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