Company Briefs

Oxley puts 90m yuan into China venture

OXLEY Holdings, through its 50 per cent-owned associate KAP Holdings (China), has invested 90 million yuan (S$18.54 million) in Sino-Singapore KAP Construction, a 50:50 joint venture set up by the associate and Beijing Jin Hua Tong Da Real Estate Development (BJJHTD) to undertake property development in China. The JV firm has a registered capital of 36 million yuan. BJJHTD is a 45 per cent-owned associate of KSH Holdings.

Aberdeen's EYS stake drops below 5%