TIH forms 3-way venture to capture slice of China's financing pie
Setting up of online financing platform aimed at tapping opportunities from Beijing's moves to boost waning property market
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Anita Gabriel
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Singapore
MAINBOARD-listed TIH Ltd has tied up with a bad-loans servicing specialist and an online finance firm to tap China's real estate mortgage market.
The listed private equity firm has inked a memorandum of understanding (MOU) with non-performing loans servicing specialist Sheng Yuan Investment Management and a Chinese online finance marketplace.
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