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Sheng Siong in deal to run China supermarkets

Monday, December 29, 2014 - 05:50
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Singapore-listed Sheng Siong Group has executed a conditional joint-venture agreement with Kunming LuChen Group Co to operate supermarkets in China.

Singapore

SINGAPORE-LISTED Sheng Siong Group has executed a conditional joint-venture agreement with Kunming LuChen Group Co to operate supermarkets in China.

In an announcement on Saturday, Sheng Siong said that the agreement was made with both the LuChen Group as well as its