New World, ADIA in Talks for HK$3 Billion Hotel Sale to UOL
Property firm New World Development Co. is in talks to sell its 50% stake in a Hong Kong hotel to Singapore’s UOL Group Ltd., according to people familiar with the matter.
<p>Property firm New World Development Co. is in talks to sell its 50% stake in a Hong Kong hotel to Singapore’s UOL Group Ltd., according to people familiar with the matter.</p>