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China Vanke to sell shares in Singapore hotel chain Banyan Trees mainland units for US$67 million : comparemela.com
China Vanke to sell shares in Singapore hotel chain Banyan Tree's mainland units for US$67 million
Vanke is selling its stake in the hotel management joint ventures including Banyan Tree Services (China) and Banyan Tree Hotel Management (China) as it seeks to weather the country’s property downturn.
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