SINGAPORE (April 7): It was just on Thursday that the share prices of KSH Holdings, Lian Beng Group and Heeton Holdings and Oxley Holdings soared on news that China's latest Special Economic Zone (SEZ) in Hebei province will be located next to their joint venture development Sino-Singapore Health City.

(See also: KSH, Lian Beng, Heeton, Oxley shares on a tear after site of China’s latest SEZ revealed)

Now, three of the JV members -- KSH, Lian Beng, Heeton -- and Ryobi Kiso announced they have entered into a franchise agreement with hotel chain operator Hilton to build a 192-bedroom hotel in Leeds, UK, to be operated under the Hampton by Hilton brand. Operations are expected to start in late 2019.

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