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KWG Property buys out project in Guangzhou

Oct. 15, 2009 (China Knowledge) - KWG Property Holding Ltd<1813>, a real estate developer based in Guangzhou, Guangdong Province, announced on Tuesday that it has spent approximately RMB 2.5 billion to acquire the remaining stake in a property project in Zengcheng, Guangzhou, Guangdong Province, sources reported. The Hong Kong-listed property developer has allocated RMB 800 million to acqui

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