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Heeton-KSH-Oxley-SLB JV delays Nov launch of Gaobeidian project amid trade war

Property

Heeton-KSH-Oxley-SLB JV delays Nov launch of Gaobeidian project amid trade war

Samantha Chiew Published on Sun, Oct 21, 2018 / 2:43 PM GMT+8

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SINGAPORE (Oct 21): Heeton Holdings, KSH Holdings, Oxley Holdings and SLB Development have delayed the November launch of its Gaobeidian project in China.

This is due to uncertainties arising from ongoing trade war between the US and China, the JV said in a filing on Friday night.

The JV is investing RMB145 million ($28.8 million) in the developer of a property project in Gaobeidian in Hebei province.