China Business News: C C Land to inject RMB 300 mln in Chengdu JV

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C C Land to inject RMB 300 mln in Chengdu JV

Nov. 19, 2009 (China Knowledge) - C C Land Holdings Ltd<1224>, a Chongqing-based real estate developer, has announced that it plans to inject RMB 300 million into a joint venture in Chengdu, Sichuan Province to increase its stake to 80% stake from the previous 50%, sources reported. The JV, which was set up by C C Land and Guojia Real Estate, is principally engaged in the development of a

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