Ascott REIT to divest 2 China properties for S$198 mil

SINGAPORE (July 4): Ascott Residence Trust has entered into two conditional agreements to divest its interests in two serviced residence properties in China – Citadines Biyun Shanghai and Citadines Gaoxin Xi’an – for a total consideration of RMB980 million (S$198.

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Bina Puri unit gets IDX nod for listing

KUALA LUMPUR (July 4): Construction player Bina Puri Holdings Bhd has received the green light from the Indonesia Stock Exchange (IDX) for the listing of its subsidiary PT Megapower Makmur Tbk.

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