SINGAPORE (Feb 7): Yanlord Land Group has acquired an additional interest of 19.9% in Shenzhen Long Wei Xin Investment Co. for RMB1.665 billion ($343.3 million).

Shenzhen Long Wei Xin holds a residential development site in Shenzhen’s Longgang district.

The acquisition was made through its wholly-owned subsidiary, Yanlord (Shenzhen) Investment Management Co.

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