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