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Frasers Centrepoint Ltd's FCL Tampines Court Pte. Ltd. and KH Capital Pte. Ltd incorporates joint venture company in Singapore


Wednesday, 13 Aug 2014 06:19am EDT 

Frasers Centrepoint Ltd:Says that FCL Tampines Court Pte. Ltd. (FCLT), wholly-owned subsidiary of FCL, has, jointly with KH Capital Pte. Ltd. (KHC), incorporates joint venture company in Singapore named SEMBAWANG RESIDENCES PTE. LTD. (Sembawang Residences).Says with an issued share capital of S$1,000,000 with FCLT and KHC holding 80 pct and 20 pct thereof respectively.It is intended that Sembawang Residences will undertake acquisition and development of a residential property project in Singapore.