SINGAPORE - Keppel Land China is buying another completed commercial property in Beijing's Haidan district through its acquisition of Beijing Shunxiangren Enterprise Management Co for around 178.6 million yuan ($35.1 million).. Read more at straitstimes.com.
SINGAPORE - Keppel Land China is buying another completed commercial property in Beijing's Haidan district through its acquisition of Beijing Shunxiangren Enterprise Management Co for around 178.6 million yuan .
Shangdi Neo is located in Shangdi Information Industry Park, which is part of the expanded Zhongguancun in the Haidian district of Beijing, also known as China's Silicon Valley. It offers about 4,241 square metres of net leasable area, and will be fully occupied by sole tenant Distrii, an operator of smart, modern working spaces in China and Singapore. This is upon completion of upgrading works.
Subject to completion adjustments, around 20.9 million yuan will be paid to the vendors for the 100 per cent equity acquisition of Beijing Shunxiangren. Keppel Corporation said the transaction is not expected to have a material impact on its net tangible assets per share or earnings per share for the current financial year.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks to watch: IHH Healthcare, Keppel, Olam, TPV, SembMarine, BreadTalkTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
Read more »
Stocks to watch: IHH Healthcare, Keppel, Olam, TPV, SembMarine, BreadTalkSINGAPORE - The following companies saw new developments that may affect trading of their shares on Monday (Sept 2):. Read more at straitstimes.com.
Read more »
China July factory activity shrinks for fourth month: official PMIFactory activity in China shrank in August for the fourth month in a row, official data showed on Saturday, as the United States ramped up tariff ...
Read more »
Trump confirms latest China tariffs set for Sunday are 'on'[WASHINGTON] US President Donald Trump confirmed on Friday that steep new tariffs on Chinese goods will kick in on Sunday and said that his economic pressure is forcing Beijing to take a more moderate line in Hong Kong. Read more at The Business Times.
Read more »
China rebukes EU, US politicians for interfering on Hong KongBEIJING (BLOOMBERG) - China accused some US and European politicians of interfering in its domestic affairs after they commented on Hong Kong demonstrations that were deemed as supportive of protesters.. Read more at straitstimes.com.
Read more »
China, US kick off new round of tariffs in trade warChina and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war, but U.S.
Read more »