Wed 04/12/2023 05:58 AM
Sino-Ocean Group is in talks with its major shareholder China Life Insurance Co. to potentially collaborate on two projects with China Life, including an elderly care center project and a joint venture project which the company earlier partnered on with Swire Properties Ltd, according to two sources familiar with the matter.
The elderly care center deal is expected to be closed soon, while the deal on the JV project is expected to be closed during the third quarter of 2023. Each of the deals...
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