Chinese developer signs $1.5 billion MOU with Royal Group

Cambodian conglomerate Royal Group yesterday signed a $1.5 billion memorandum of understanding with Chinese conglomerate Herun Group to establish a real estate development company in Cambodia, invest in other sectors, and possibly list units of Royal Group on stock exchanges in China, executives from the two conglomerates said. …

Sok Chan
http://www.khmertimeskh.com/news/17986/chinese-developer-signs--1-5-billion-mou-with-royal-group/