Corporate digest
Add BT as a preferred sourceMetro 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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
