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Yanlord Land acquires stakes in China golf-related property assets for $122 mil

PC Lee Published on Tue, Jul 11, 2017 / 6:55 AM GMT+8

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SINGAPORE (July 11): Yanlord Land Group has acquired stakes in a couple of golf-related property assets in China for 600 million yuan ($122.2 million).

Greens Investments owns a 60% stake in Zhuhai International Golf Amusement Co, which in turn owns 90% of Zhuhai International Golf Property Management Co.

The acquisition was undertaken through Yanlord's wholly owned subsidiary, Yanlord Land.

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