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Corporate digest

Published Fri, Nov 3, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Metro Holdings

METRO Holdings and Lee Kim Tah Group's wholly-owned Shawco have inked a master agreement with Indonesian-based group PT Trans Corpora (Trans Corp) to jointly develop, market and sell five 32-storey residential towers in Jakarta, for a total investment value of 1.99 billion rupiah (S$200.4 million).

The Metro Group's 90 per cent commitment for the investment is approximately 1.79 billion rupiah, which will be funded primarily from internal cash sources.

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