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Perennial to jointly operate eldercare home in Chengdu

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Published Thu, Jan 14, 2016 · 09:50 PM

Singapore

PERENNIAL Real Estate Holdings has entered the eldercare and retirement home space in China with a memorandum of understanding (MOU) announced on Thursday.

Perennial signed the MOU with Shanghai Summit Property Development and Shanghai RST Chinese Medicine to establish a 40-40-20 joint venture management company that will operate a premium eldercare and retirement home in Chengdu.

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