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Shui On sells Shanghai project to China Life for 3.32b yuan

Thu, Dec 05, 2013 - 6:00 AM

[HONG KONG] Shui On Land Ltd, controlled by Hong Kong billionaire Vincent Lo, is selling a project in Shanghai for 3.32 billion yuan (S$683.2 million), the second asset sale by the developer in a week.

Shui On will sell its entire stake in the company that owns the Taipingqiao project in...

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