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Metro Holdings' JV to sell mall in China

Nisha Ramchandani

Nisha Ramchandani

Published Tue, Mar 24, 2015 · 09:50 PM

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Singapore

NORDEVO Investments - which is 50 per cent held by a subsidiary of Metro Holdings - has entered into a sale and purchase agreement to divest its entire stake in China East Investment (CEI), which owns a mall in China.

CEI's wholly owned subsidiary, ECM Property Holdings (Tianjin) Co, owns the retail mall property, EC Mall, in Beijing.

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