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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
Published Mon, Nov 17, 2014 · 09:50 PM
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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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