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Top News In நாடு தோட்டம் சேவைகள் ஹோல்டிங்ஸ் இணை Today - Breaking & Trending Today

Country Garden Services to Raise $1.34 Billion Via Share Placement


Provided by
Dow Jones
By P.R. Venkat
Country Garden Services Holdings Co. is planning to raise 10.42 billion Hong Kong dollars ($1.34 billion) through placement of shares, proceeds of which will be used for business expansion.
The company is planning to place 139.38 million shares for HK$75.25 each, which is a 6% discount to Monday s closing price, the property management services firm said Tuesday.
Shares will be placed to independent investors that will allow the company to broaden its shareholder base.
The directors are of the view that the placing will strengthen the financial position and liquidity of the group and provide funding to the group for working capital and future development purposes without incurring interest costs, the company said. ....

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JLL China Unit Sale Draws Country Garden, Sunac Arms


JLL is pursuing a potential divestment of its property management business in China, Bloomberg News reported last month. A sale could also coincide with more Chinese developers’ property management units looking to list in Hong Kong, as they aim to capitalize investor enthusiasm for a sector that’s less vulnerable to government policy changes and economic cycles than real estate development itself.
Deliberations are ongoing and companies might not proceed with any bids for the JLL unit, the people said. Representatives for JLL and Sunac Services declined to comment, while representatives for Country Garden Services and China Resources Mixc didn’t immediately respond to requests for comment. ....

Country Garden Services Holdings Co , Sunac Services Holdings Ltd , Country Garden Holdings Co , Jones Lang Lasalle Inc , China Resources Mixc Lifestyle Services Ltd , Jones Lang Lasalle , Country Garden Services Holdings , Country Garden Holdings , Resources Mixc Lifestyle Services , Sunac Services Holdings , நாடு தோட்டம் சேவைகள் ஹோல்டிங்ஸ் இணை , நாடு தோட்டம் ஹோல்டிங்ஸ் இணை , ஜோன்ஸ் லாங் லாசல்லே இன்க் , ஜோன்ஸ் லாங் லாசல்லே , நாடு தோட்டம் சேவைகள் ஹோல்டிங்ஸ் , நாடு தோட்டம் ஹோல்டிங்ஸ் ,