SINGAPORE (July 11): CWG International, the former Chiwayland International, has acquired a parcel of land in Anhui, China.

Wholly-owned subsidiary, Suzhou Chiway Real Estate Co., bought a 70% stake in Xuancheng Xinkaiyuan Real Estate Development Co. for RMB107.7 million ($21.9 million).

Xuancheng Xinkaiyuan owns a parcel of land located at Linhai Road, Xuancheng Economic Development Zone, Anhui province, for residential development.

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