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ChinaScope Financial
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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • CVKEY.PK - China Vanke Ventures Into Singapore Real Estate Market 0 comments
    Apr 17, 2013 7:51 AM | about stocks: CVKEY

    Prepared by ChinaScope Financial | Source:Sohu

    • On April 16, Keppel Land Limited (Keppel Land) and China Vanke Co., Ltd. (China Vanke) (000002: SHE) entered into a strategic partnership to jointly develop properties in Singapore and China, marking China Vanke's first venture into the Singapore real estate market.
    • The new partnership's first project features the development of a 726-unit condominium in Tanah Merah, Singapore, where Wkdeveloper sig I Private Limited, a wholly-owned subsidiary of China Vanke, will acquire a 30 percent stake from Keppel Land for an aggregate amount of SGD 136 million (or CNY 678 million).
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