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Makati subway builder inks deal for lot acquisition, financing for project's main station


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.” ....

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CDL rejects Chinese firm's claims it held up decisions


The Straits Times
Sincere Property says delay affected its ability to raise funds, improve cash flow
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Scion of Singapore's richest clan strives to salvage China deal


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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