[ET Net News Agency, 4 June 2019] Shanghai Realway Capital Assets Management Co., Ltd.
(01835) said the company has entered into a non-legally binding memorandum of
understanding (MOU) with ZACD Group Ltd. (ZACD) (08313). The Company and ZACD will form a
strategic partnership to explore real estate investment opportunities in China and the key
cities of the Belt and Road in Southeast Asia.
The ZACD group offers integrated solutions across the real estate value chain in
Singapore and elsewhere in the Asia-Pacific region. It is principally engaged in the
provision of (i) investment management services, which includes (a) special purpose
vehicle investment management and (b) fund management; (ii) project consultancy and
management services; (iii) property management and tenancy management services; and (iv)
financial advisory services. (RC)