Metro ups stake in Top Spring Int'l

HK$528.7m acquisition raises holding close to group's target of at least 20 per cent

Sat, Dec 07, 2013 - 6:00 AM

Singapore

DEPARTMENT store operator Metro Holdings is deepening its investment into the property sector. The group announced yesterday that it is acquiring a 13.66 per cent stake in Hong Kong listed Chinese developer Top Spring International Holdings (TSI) for HK$528.7 million (S$85.7

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