Makati subway builder inks deal for lot acquisition, financing for project’s main station By TED CORDERO, GMA News
Published March 12, 2021 4:46pm Listed Philippine Infradev Holdings Inc., the builder of the Makati City Subway, has secured a deal for the financing and land acquisition for the main station of the underground train system project. In a statement on Friday, Infradev said its wholly-owned subsidiary Makati City Subway Inc. (MCSI) signed a joint venture agreement with Richer Today Inc. (RTI). The company said MCSI formed an unincorporated joint venture with RTI for the “financing, design, construction, development, marketing, and sale of some 5.5 hectares of lots in and around Station 5 of the Makati City Subway Project.”
The Straits Times
Sincere Property says delay affected its ability to raise funds, improve cash flow
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The Straits Times
Scion of Singapore s richest clan strives to salvage China deal
City Developments Ltd CEO Sherman Kwek spearheaded a deal with Chinese developer Sincere Property Group in 2019.PHOTO: CDL
PublishedJan 19, 2021, 8:25 am SGT
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[SINGAPORE] Pressure is mounting on an heir to Singapore's biggest family fortune as he seeks to salvage the troubled property investment at the centre of an ambitious expansion into China. Read more at The Business Times.