Philippines: Shang Properties injects $30m to increase stake in KSA Realty

Philippines: Shang Properties injects $30m to increase stake in KSA Realty

Visual from company website

Shang Properties Inc (SPI), the property development arm in the Philippines of Singapore-based conglomerate Kuok Group, has invested about $30.1 million (P1.4 billion) to increase its stake in its subsidiary KSA Realty Corp from 52.9 per cent to 70 per cent.

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