CNTD gunning for 1.5b-2b yuan of new investments this year
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE-listed China New Town Development (CNTD) is exploring more fixed-return investments in urbanisation projects as well as downstream businesses, with a target to reach 1.5 billion yuan (S$313.6 million) to two billion yuan in new investments this year.
Talks on potential tie-ups with some Singapore-listed companies including a developer, an educational service provider and a global logistics player are underway, deputy general manager Jimmy Pun told BT, but declined to reveal names.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
