date:Jul 23, 2013
Singapores Singbridge Holdings has entered into an agreement set up a management company for the development of food zone in the province of Jilin, China.
Under the agreement, Singbridge will hold 40% in the joint venture, while Jilin City government's state-owned enterprise, Jilin Sino-Singapore Food Zone, will hold the remaining stake.
The JV will be known as called Sino-Singapore Jilin Food Zone Development and Management Company. It will have a registered capital of CNY100m ($16.16m).
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