SINGAPORE (Aug 21): CWG International, the developer formerly known as Chiwayland International, says its subsidiary put in a successful bid for the land use rights of a land parcel in China.

The land parcel comprises a site area of 40,612 sqm with a plot ratio of 2.1.

Suzhou Chiway Shangcheng Real Estate Co. put in the winning bid of RMB454 million ($93 million) for the land use rights of a land parcel located at Changshu city in Jiangsu province.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook