Kerry, Shangri-La in $1 billion China property project

Article Date : 04 August 2008
News Section: China

Hong Kong-listed Kerry Properties (controlled by the Kuok Group which is the controlling shareholder in the South China Morning Post) said it would invest up to RMB7.3 billion in a hotel and residential project with ancillary commercial use in Hebei province. Kerry will form a joint venture with its sister company Shangri-La Asia, Singapore’s Jeston Investment...

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Article provided by China Economic Review.
Read the full article here: http://www.chinaeconomicreview.com/realestate/2008/08/05/kerry-shangri-la-in-1-billion-china-property-project.html

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