Brief: Frasers Property Says Unit Entered Strategic Alliance Framework Agreement With A Joint Venture Partner And Its Related Entity

Frasers Property

28/03/2022 02:51

March 28 (Reuters) - Frasers Property Ltd  FRPL.SI :
    * UNIT ENTERED STRATEGIC ALLIANCE FRAMEWORK AGREEMENT WITH A
JOINT
VENTURE PARTNER AND ITS RELATED ENTITY
    * UNIT & JV PARTNERS AGREED, AMONG OTHERS, TO PARTICIPATE IN
POTENTIAL INVESTMENT IN CERTAIN LAND PLOTS IN PEOPLE'S REPUBLIC
OF CHINA
    * UNDER DEAL, UNIT WILL BE PROVIDING FUNDING OF ABOUT
RMB1,840
MILLION TOWARDS COSTS TO BE PAID IN RELATION TO PROPOSED
INVESTMENT

Source text for Eikon:  ID:nSN4xChBn 
Further company coverage:  FRPL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))