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BRIEF-CIFI Holdings Group entered into joint venture agreement with Henderson China and Vantage Leader
September 7, 2017 / 10:16 PM / a month ago

BRIEF-CIFI Holdings Group entered into joint venture agreement with Henderson China and Vantage Leader

Sept 8 (Reuters) - Cifi Holdings Group Co Ltd

* Entered into joint venture agreement with Henderson China and Vantage Leader

* Each of Co & Henderson China has provided their respective portion of advance, being SGD135.4 million & SGD135.4 million, to Xu Chang

* Xu Chang will be owned indirectly as to 50% by company (through Xu Sheng) and 50% by Henderson China (through Vantage Leader)

* Group’s total investment in 50% attributable interest for property development of lot estimated at RMB1.0 billion Source text for Eikon: Further company coverage:

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