Evergrande extends buying spree with 13.5b yuan China deals
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Hong Kong
A WHOLLY-OWNED subsidiary of Evergrande Real Estate Group Ltd, the Chinese developer that has been on a shopping spree this year, has agreed to buy 13.5 billion yuan (S$3 billion) of assets from a unit of New World China Land Ltd.
According to statements from the developers to the Hong Kong stock exchange, the Evergrande unit will buy:
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts