Chengdu

The divestment is expected to be completed in the first quarter of 2021.

SINGAPORE (Nov 19): Sapphire Corporation’s 97.6% owned subsidiary, Ranken Railway Construction Group Co, and consortium partners have secured a PPP project in Chengdu, Sichuan Province, China.

SINGAPORE (Nov 7): CapitaLand in October saw a total of four residential launches in China worth RMB2 billion ($396.7 million), its highest home sales value in the country over a 30-day period this year.

SINGAPORE (Oct 1): Hong Leong Holdings, the privately-held property development and investment arm of Hong Leong Group, on Monday announced the development of its second residential project in Chengdu, Springdale Park.

SINGAPORE (June 19): CapitaLand Retail, a wholly owned subsidiary of CapitaLand, has clinched two new management contracts in China that together, add 1.2 million sq ft in retail gross floor area (GFA) from Guangzhou and Chengdu.

SINGAPORE (Feb 2): CIMB Research is reiterating its “hold” call on Starhill Global REIT while lowering its target price to 72 cents from 76 cents after the release of the REIT’s 2Q17 results, on expectations of ongoing redevelopment at Plaza Arcade

SINGAPORE (Jan 26): The manager of CapitaLand Retail China Trust (CRCT) has declared a distribution per unit (DPU) of 2.37 cents for the fourth quarter ended Dec 2016, 8.5% lower from 2.59 cents a year ago.

SINGAPORE (Nov 29): GuocoLand, via its GLL Chengdu subsidiary in China, submitted the winning bid price of RMB3.64 billion ($754 million) for four plots of land in Chongqing to build mixed development comprising retail, business and residential use.

SINGAPORE (Nov 21): Singapore Airlines’ regional airline SilkAir has launched its new flight to Fuzhou, China, the eighth Chinese city in its route network after Changsha, Chengdu, Chongqing, Kunming, Shenzhen, Wuhan and Xiamen.

SINGAPORE (Oct 17): Keppel Land has through its two associated companies, CityOne Township Development and Quivivet, and their JV partner, entered into an agreement to divest their stakes in Chengdu Century Development Co. (CCDC) to Sichuan Zhong Tie Wen