Evergrande Real Estate gets $600 million investment

Article Date : 06 July 2008
News Section: China

China’s Guangzhou-based Evergrande Real Estate Group (incorporated in the Cayman Islands with limited liability) has obtained $600 million in investment from several individuals and institutions. Cheng Yu-Tung, a Hong Kong tycoon and chairman of New World Development Company, invested $150 million - 3.9% Kuwait Investment Authority invested $146 million, 3.8% Five investment houses including Deutsche Bank and Merrill...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/realestate/2008/07/07/evergrande-real-estate-gets-600-million-investment.html

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