GuocoLand (SGX:F17) through its subsidiary, GuocoLand (Singapore), entered into a joint venture agreement with Intrepid and CSC Land for the development of a land parcel at Tengah Garden Development, according to a Tuesday filing with the Singapore Exchange.
Under the agreement, GuocoLand has a 20% shareholding in the JV.
The aggregate value of the project is SG$51.4 million.
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