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SP Setia abandons China property venture

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SP Setia abandons China property venture Empty SP Setia abandons China property venture

Post by hlk Wed 27 Jul 2011, 19:39



SP Setia Bhd, a Malaysian real estate developer, scrapped a joint venture with Hangzhou Ju Shen Construction Engineering Ltd to develop a mixed property project in China because terms of the agreement weren’t met.

SP Setia “still firmly believes” that property prospects in China are “positive,” the company said in a statement in Kuala Lumpur today. It will continue to look out for other suitable opportunities there, it said. -- Bloomberg


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SP Setia abandons China property venture Empty Re: SP Setia abandons China property venture

Post by hlk Wed 27 Jul 2011, 19:41

aiyo jz recently rebounded after free fall nw some more bad news ... die Devil
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