Brief: Hong Lai Huat Group Says Unit Entered Into Joint Venture Agreement With Smart Winner Co
31/10/2021 23:20
Nov 1 (Reuters) - Hong Lai Huat Group Ltd HONL.SI :
* UNIT ENTERED INTO A JOINT VENTURE AGREEMENT WITH SMART
WINNER CO
* JV DEAL TO DEVELOP 11.5-HECTARE SITE LOCATED CAMBODIA, FOR
CO'S
FOURTH MIXED-USE DEVELOPMENT PROJECT
* UNIT WILL PAY US$10 MILLION FOR 49.6% STAKE AND CONTRIBUTE
US$5
MILLION TOWARDS WORKING CAPITAL
Source text for Eikon: ID:nSN7HtRmJ
Further company coverage: HONL.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Hong Lai Huat
See all newsBrief: Hong Lai Huat Expected To Report A Profit For 1H Fy2026
Brief: Hong Lai Huat Says Unit Obtains Extension Of Marble Mining License In Cambodia
Brief: Hong Lai Huat Announces Findings Of Investigations Into Allegations
Brief: Hong Lai Huat Expects To Record Net Profit For FY
Brief: Hong Lai Huat Group Sees Improvement In Revenue And Gross Profit In FY