Extremely Wealthy
Hong Kong’s billionaire Cheng family seeks to sell China toll roads for $2.7b
The infrastructure arm of Hong Kong’s billionaire Cheng family is seeking to sell a bundle of roads in mainland China worth about US$2 billion (S$2.7 billion), according to people familiar with the matter. CTF Services, formerly known as NWS Holdings, is in early-stage discussions with China’s state-owned Yuexiu Group. It…
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Click here to read the full story: The Straits Times