GuocoLand's unit to develop JV in Singapore

Guoco

18/12/2023 10:52

Dec 18 (Reuters) - Guoco Group  0053.HK  said on Monday
a unit of GuocoLand  GUOC.SI  has entered into the joint venture
agreement with three parties for the development of a property
in Singapore. 
    The agreement, which has been signed with Intrepid
Investments, CSC Land Group (Singapore) and Lentor Central Park,
will see the company undertake acquisition, development and
dealing of the property, which has been acquired through a
tender for S$435.2 million ($326.87 million). 
    

($1 = 1.3314 Singapore dollars)

 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))