Research from SooChow CSSD Capital Markets (Asia), SCCM Asia Research

SCCM Asia Research

Research from SooChow CSSD Capital Markets (Asia)

Thematic (Sector/Industry)

<h2>Singapore</h2><h3><a href="https://www.smartkarma.com/entities/yanlord-land-group-ltd" target="_blank" data-smartkarma-citation="entities:14152" rel="noopener">Yanlord Land (YLLG SP)</a> enters into a JV agreement with Ho Bee Land (HOBEE SP) to develop a residential site in Tianjin</h3><p>YLLG together with Ho Bee Land  (HOBEE SP) jointly entered into a co-operation agreement to develop a residential site located in Hongqiao District, Tianjin, the PRC.  The land parcel with a total site area of ~53,200sqm, located at XiangDongNan Road in Hongqiao District, Tianjin, was acquired by YLLG through public land auction for a total consideration of ~RMB1.5bn. Upon completion of the transaction, YLLG and HOBEE shall hold 51% and 49% effective interest in the development, respectively. YLLG and HOBEE plan to jointly develop the site and transform it into a new high-end residential development with ancillary community retail space and educational facilities with a total GFA of ~117,100sqm.</p>

SingaporeYanlord Land (YLLG SP) enters into a JV agreement with Ho Bee Land (HOBEE SP) to develop a residential site in TianjinYLLG together with Ho Bee Land  (HOBEE SP) jointly entered into a co-operation agreement to develop a residential site located in Hongqiao District, Tianjin, the PRC.  The land parcel with a total site area of ~53,200sqm, located at XiangDongNan Road in Hongqiao District, Tianjin, was acquired by YLLG through public land auction for a total consideration of ~RMB1.5bn. Upon completion of the transaction, YLLG and HOBEE shall hold 51% and 49% effective interest in the development, respectively. YLLG and HOBEE plan to jointly develop the site and transform it into a new high-end residential development with ancillary community retail space and educational facilities with a total GFA of ~117,100sqm.

ASEAN Builder's Scoop (29Jun21) - YLLG/HOBEE in JV for Tianjin Project

Malaysia

Fiamma Holdings Berhad is an investment holding and property investment company. Through its subsidiaries, the Company sells, services, manufactures, and assembles electrical home appliances. Fiamma Holdings also sells sanitary wares and bathroom accessories, provides value added network data services, and manufactures water heaters.

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Fiamma Holdings (FHB MK)

ASEAN Builder's Scoop (29Jun21) - YLLG/HOBEE in JV for Tianjin Project

YLLG/HOBEE in JV for Tianjin project; Developers get 6mo relief extension; SSREIT rejects EGM request to remove a Director; EAGLEHT close to...

SCCM Asia Research

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