GSH unit incorporates property development company in China
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
MAINBOARD-LISTED property developer GSH Corporation's subsidiary, GSH (Xi'an) Investments, has incorporated a property development company in China.
Called GSH (Xi'an) Property Development Co, the China unit has registered capital of S$135.25 million.
The move is in line with the group's expansion plans into China, it said in an exchange filing on Wednesday.
The incorporation is not expected to have any significant impact on the net tangible assets or earnings per share of the company for the current year.
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
