The Business Times
business-time-50
SUBSCRIBERS

First Sponsor in JV to develop mixed-used site in Guangdong

google-preferred-sourceAdd BT as a preferred source
Published Mon, Jun 17, 2019 · 09:50 PM

Singapore

MAINBOARD-LISTED First Sponsor Group has entered into a joint venture agreement with Poly Bay Area Investment Development Co (Poly Bay Area) and Shoucheng Dongguan Real Estate Co (SDRE) to develop three plots of land in Guangdong, China, that was acquired for some three billion yuan (S$592 million), the Hong Leong-linked property developer announced on Monday morning.

The joint venture company (JVCo), Dongguan Baozhu Industrial Investment Co, will develop the land collectively known as Wanjiang Victory Land.

first sponsor

TRENDING NOW

An artist's impression of Pelican Paradise Group's township project that was designed to include a five-star convention hotel, an 18-hole championship golf course and a hospital, among others.

Singapore developer in limbo after Timor-Leste scraps major township project

Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

Tech stocks like AEM, CSE Global and Frencken have been soundly beating the STI this year.

AEM knocks DBS off pedestal as top value traded stock after touching S$10 barrier

The full-service airline had 18,233 on its payroll on average in FY2026, more than 17,912 in the year-ago period.

SIA staff get lower bonus of 5.7 months for FY2026

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More