Kong hee increases stake in Suntec Singapore to 40%

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City Harvest Church has upped its stake in Suntec Singapore to 39.2 per cent.

The church increased its effective interest from 20 per cent in 2010 by 19.2 per cent in 2011, announced executive pastor Aries Zulkarnain on Saturday to a cheering 6,000-strong congregation.

Speaking to the congregation during the church's Saturday evening service in Suntec, Mr Zulkarnain said that the church had purchased the additional interest in the Suntec Singapore International Convention and Exhibition Centre at a price of $54 million in 2011.

They had previously purchased their initial 20 per cent stake in 2010 at just under $44 million.
 
The church increased its effective interest from 20 per cent in 2010 by 19.2 per cent in 2011, announced executive pastor Aries Zulkarnain on Saturday to a cheering 6,000-strong congregation.

A pity IMH cannot accommodate 6000 residents. Maybe that's why they sought refuge at CHC.
 
A pity IMH cannot accommodate 6000 residents. Maybe that's why they sought refuge at CHC.




Bros, its the Suntec Convention Centre;

Not to be mistaken with those few Suntec Tower Blocks.


In term of investment Prowess JP is still streets ahead ...
 
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