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Shanghai Industrial Holdings spends US$712m on hotel and superhighway
By STAFF EDITOR
Published: July 23, 2008 06:58 PM
Shanghai Industrial Holdings (SIH) (0363.HK), an investment holding company, said Tuesday it will acquire a hotel and superhighway assets for US$711.82 million (HK$5.55 billion), the Oriental Morning Post reported. SIH will spend US$173.15 million (HK$1.35 billion) purchasing 87% of Shanghai Four Seasons ...
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