Singapore-based Metro Holdings acquires 50% stake in CICC Qihang Fund

Metro City, Shanghai/Photo: Metro Holdings Limited

Property development and investment group Metro Holdings has agreed to invest 200 million yuan (S$39.8 million or $29 million) for a 50 per cent stake in Xiamen CICC Qihang Equity Investment Partnership (CICC Qihang Fund), according to a market disclosure on the Singapore Exchange.

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