Daily Briefing: CDL to sell Penang hotel as part of portfolio review amidst COVID-19; Appboxo snags $1.47m seed funding

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No And MOT may review 2040 target for vehicles in SG to be low emission. From ChannelNewsAsia: City Developments Limited (CDL) said on 14 December that its hotel arm has agreed to sell a Penang hotel for about $25m, as part of moves to streamline its portfolio amidst the COVID-19 pandemic. This will be the third non-core hotel asset that Millennium & Copthorne Hotels (M&C) has agreed to sell since the start of the year. The three assets have a combined sales value of more than $100m. read more