Singaporean company says it has ‘ring-fenced its current financial exposure’ to its investment in Sincere Property

Chinese real estate firm Sincere said that CDL has ‘severely affected’ its ability to use fundraising and asset disposals to improve cash flow

Sherman Kwek, CEO of real estate giant City Developments, has seen two more board members resign as he seeks to salvage a troubled property investment

Second board resigns over disagreements over firm’s $660 million stake in Chinese developer Sincere Property Group