The chairman of a Hong Kong-listed company building a casino on South Korea’s Jeju Island has replaced its chairman after the former company head became involved in an investigation in China, according to statements to the Hong Kong exchange and… Read More>>
Beijing Macrolink Buys Sydney’s Coca-Cola Building for A$158.5M
Chinese conglomerate Macrolink Group has finalised its purchase of the iconic Coca-Cola office building at Circular Quay in Sydney for A$158.8 million ($119 million).
The Beijing-based group which started as a timber and wood import and export company in 1990… Read More>>
Chinese Developers Muscling in on Singapore Inc’s Home Turf
On February 28th, China state-run real estate developer Greenland Group announced plans to invest RMB 20 billion (US$3.26 billion) to develop projects in Malaysia’s Danga Bay.
But amidst the press releases and media coverage, perhaps the biggest milestone went unannounced… Read More>>
Macrolink Real Estate Buys RMB 640 Mil in Land in Malaysia and S. Korea
While Shanghai’s Greenland Group was grabbing headlines this week with its billion dollar London deals, Beijing-based Macrolink Real Estate quietly secured deals worth a total of RMB 640 million (US$105 million) in Malaysia and South Korea.
The Shenzhen-listed firm’s Hong Kong unit is setting up a joint venture with a South Korean partner to acquire RMB 340 million (US$56 million) in land on South Korea’s Jeju island.
