RRJ, Value Partners invest in Logan Property
RRJ Capital, Hong Kong-based asset management firm Value Partners, and other investors have committed HKD1.5 billion ($197 million) to Logan Property Holdings, a real estate development business controlled by Chinese billionaire Kei Ho Pang.
The investors made their commitments as part of a share offering by Logan, involving the issue of 558 million new shares that represents a stake of 10% in the company after the issue. Existing investors...
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