Chinese firm snaps up $49.2M in local assets

15 December 2016
The Phnom Penh Post
Securities exchange (stock market) / Stock market
Cambodia Securities Exchange / Eastland Development (HK) Ltd / Guangzhou Yuetai Group

Shanghai-listed Guangzhou Yuetai Group will purchase $49.2 million in assets in Cambodia by buying a 45 percent stake in a local property development firm and a 19 percent stake in a Cambodian import-export company, the company said in a filing yesterday. …

 Post Staff
http://www.phnompenhpost.com/business/chinese-firm-snaps-492m-local-assets

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