(June 19 10:24) Sbr.com.sg
Submitted By:
Arianna Danganan
Case Study:
No
The firm has yet to pay $47.38m for its option agreement.
Raffles Education Corporation’s subsidiary Langfang Tonghui Education Consultancy Co. (Tonghui) has entered a settlement agreement with Langfang He Ying Real Estate Development Co. due to incomplete implementation of an option agreement in relation to a 2013 deal inked to divest some Heibei land and property, an announcement revealed.
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