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HK tycoon Li Ka-shing buying Malaysia’s Citta Strip Mall

Li Ka-shing-owned Cheung Kong Group is buying The Citta, the new suburban mall in Ara Damansara of Malaysia.

The Cheung Kong Group, owned by Hong Kong tycoon Li Ka-shing, is buying The Citta Strip Mall for an estimated MYR245 million(USD77.54m).

Sources told Business Times that the purchase was done through Cheung Kong Group’s ARA Asia Dragon Fund.

(Source: Business Times)