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Home>Shui On Land: To Inject CNY1.41 Billion Into 50%-Owned Joint Venture

Shui On Land: To Inject CNY1.41 Billion Into 50%-Owned Joint Venture

3party Content

Tue, 24 Jan 2017

By Joanne Chiu Shui On Land Ltd. (0272.HK) has agreed to inject 1.41 billion yuan ($205 million) into a 50:50 joint venture with Chinese conglomerate Citic Ltd. (0267.HK). The Hong Kong-listed real-estate developer said Tuesday that the capital injection comes after the joint venture company, Hua
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