Singapore will pay a symbolic one billion Singapore dollars.
This is another major move by Merlin since he took over Singapore.
This will triple the size of Singapore's land area in one go.
We have invited Mr. Lee Hsien Loong, former Chief Executive of Singapore, to share his views on this matter.
After stepping down to the second line, Lee Hsien Loong did not serve as a State Advisor for long.
The approximately 200 billion yuan in financial assets that the Li family obtained from Zheng Li do not need to be managed by Li himself; his wife manages them.
Ho Ching was previously the CEO of Temasek Holdings, and she is far more professional in the financial field than him.
Lee Hsien Loong teaches at the National University of Singapore while also appearing as a guest on various Singaporean and international media outlets.
Of course, this was done after consulting Zheng Li. Zheng Li's opinion was that as long as you don't spread rumors, you can say whatever you want, whether it's criticism or praise.
"Thank you, host. I think this expands the living space for Singaporeans, which is undoubtedly a good thing."
Singapore and Malaysia have had many territorial disputes in the past, and Singapore's original 700 square kilometers of land was far from meeting Singapore's own needs.
We had a conflict over the port of Johor Bahru before, but we lost the initiative after Malaysia proposed to reduce the supply of basic materials.
Over the past decade, Malaysia has spent hundreds of billions of ringgit on land reclamation, but the resulting land area has increased by less than 200 square kilometers.
Even earlier, it took us fifty years to increase the land area by 140 square kilometers through land reclamation.
The acquisition of 1,500 square kilometers of land for a mere one billion Singapore dollars is undoubtedly a meritorious act that will benefit future generations.
I've seen the land offered by Malaysia, and it's of very high quality, both from the perspective of transportation infrastructure and the development of the city itself.
"Mr. Lee, why do you think Malaysia made such a big concession this time?"
The host's unspoken message was actually: Why was it that Merlin was able to do something you couldn't do before?
And it was accomplished without paying a high price.
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