Perennial China Investments incorporates fellow subsidiary
INTEGRATED real estate and healthcare company Perennial Real Estate Holdings Ltd (Perennial) announced on Tuesday that its Perennial China Investments Holdings subsidiary has incorporated another of the group's wholly-owned subsidiaries, Peng Xi (Beijing) Eldercare Co Ltd.
Peng Xi, which has a registered capital of 100 million yuan (S$20.4 million), is an eldercare and retirement home developer and manager in China.
Perennial shares ended S$0.005 or 0.6 per cent up at S$0.845 on Tuesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Bitcoin developers are touting ‘programmability’ as the catalyst for the next rally
Speedier Wall Street trades are putting global finance on edge
Ship that destroyed Baltimore bridge set to move on May 20
Kiwi looks to RBNZ rate decision to build on bullish momentum
RE&S gets privatisation offer from special purpose vehicle managed by Southern Capital Group
US regulators reconsider capital hike for big banks