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The Place Hldg
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BEIJING BLUE CHIPS COY INVEST $94m IN EUCON
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commando
Master |
07-Dec-2020 13:35
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Wah, 16 cleared so fast
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noobnub
Supreme |
07-Dec-2020 13:30
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lets go up
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commando
Master |
07-Dec-2020 11:57
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Thas right
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WBdisciple
Elite |
07-Dec-2020 11:27
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Agree with secret squirrel, MCC Land is pretty established in Singapore wtih many projects completed and they are developers of EC and Mixed Development Projects. Good that THE PLACE HOLDINGS is collaborating with them, especially when THE PLACE HOLDINGS has a choice location in the CBD awaiting for development.. |
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Secret_Squirrel
Elite |
07-Dec-2020 10:38
Yells: "Stay curious but skeptical" |
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Just google mcc land, to find out more about this company. It is good to do a check.
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WBdisciple
Elite |
07-Dec-2020 10:28
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Realty Centre in Tanjong Pagar sold en bloc for $148m, below reserve price https://www.straitstimes.com/business/property/realty-centre-in-tanjong-pagar-sold-en-bloc-for-148m-below-reserve-price Realty Centre, a freehold 12-storey office block, was put up for collective sale in January with a reserve price of $165 million. Realty Centre, an office block in Tanjong Pagar, has become the first commercial block to be sold en bloc this year, but its $148 million sale price was below the reserve price. Marketing agent Cushman & Wakefield had put the freehold 12-storey building up for collective sale in January with a reserve price of $165 million. The buyer is Singapore-listed The Place Holdings, which intends to redevelop the property into a mixed-use commercial and residential tower. The building will also serve as the company' s headquarters. The Place Holdings deals in branding, events organising and tourism-related business development, and is backed by China' s The Place Investment Group. Realty Centre has a land area of about 11,000 sq ft and is zoned for commercial use, with a plot ratio of 5.6 and a maximum height of 35 storeys. Cushman & Wakefield noted that under the new CBD Incentive Scheme, Realty Centre falls under the Anson precinct. This means the property could enjoy bonus plot ratios of between 25 per cent and 30 per cent if there is a change of use - to either residential and commercial or residential with commercial - on the first storey. Cushman & Wakefield capital markets director Christina Sim called Realty Centre a " versatile site" sitting on the fringe of a location that will be undergoing " massive urban rejuvenation and transformation" . |
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WBdisciple
Elite |
07-Dec-2020 09:58
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Seems that THE PLACE HOLDINGS is making strategic steps for growth in 2021.... Pls do your own DD.. |
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WBdisciple
Elite |
07-Dec-2020 09:25
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The Place Holdings Enters into a Strategic Framework Agreement with Singapore-based Property Developer MCC Land
https://links.sgx.com/1.0.0/corporate-announcements/281Z8MSAZK9OMAXW/21d5f5572d438eefb7f4242385dba2625265accb1095df98c97bb95dc3edff0f &bull MCC Land is part of the MCC Group which includes Metallurgical Corporation of China Limited, a Fortune 500 company listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange
&bull Objective of the strategic framework agreement is to establish a long term and mutually beneficial business relationship between both companies
&bull Both companies intend to collaborate on The Place Holdings&rsquo new residential and commercial freehold property project at Tanjong Pagar
&bull The Place Holdings acquired the freehold property, previously known as Realty Centre, for S$148 million in April 2019
The Place Holdings Limited (&ldquo The Place Holdings&rdquo , the &ldquo Company&rdquo or &ldquo 天 阶 控 股 &rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), is pleased to showcase the strategic framework agreement with MCC Land (Singapore) Pte. Ltd. (&ldquo MCC Land&rdquo ) that was established for a long term and mutually beneficial relationship in relation to potential and upcoming construction and development of residential and commercial property projects, projects management, as well as development and management of cultural tourism projects.
Since 2016, The Place Holdings has transformed its business model under the leadership of Executive Chairman, Mr Ji Zenghe (吉 增 和 ) and Chief Executive Officer, Mr Fan Xianyong (樊 献 勇 ). Both Mr Ji and Mr Fan have been involved in high quality property development and property management businesses for more than 30 years. Their private investment holding company, The Place Investment Group (天 阶 投 资 集 团 )， has grown to become a multi- billion PRC conglomerate and one of their landmark buildings, THE PLACE (世 贸 天 阶 商 场 ), located in Beijing&rsquo s CBD area remains an iconic retail and entertainment destination with innovative cultural and interactive elements.
With their deep property development experience and long-standing business track record, The Place Holdings&rsquo core business pillars include property development and property management activities as well as integrated tourism and related &ldquo new retail&rdquo businesses, among others.
MCC Land is part of the MCC Group which includes Metallurgical Corporation of China Limited, a Fortune 500 company listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange, and its subsidiaries (collectively, the &ldquo MCC Group&rdquo ). MCC Group is one of the largest comprehensive conglomerates of engineering and construction services in the People&rsquo s Republic of China (&ldquo PRC&rdquo ) and the world.
For a start, both companies have the intentions to collaborate on The Place Holdings&rsquo new mixed freehold development project located at 15 Enggor Street, Singapore 079716. The property project has a land size of approximately 11,000 square feet with a plot ratio of approximately 5.6 and a maximum height of 35 storeys. As the property is located within the Anson precinct, it is entitled to bonus plot ratios of between 25% and 30% if there is a change of use under the Central Business District (CBD) Incentive Scheme initiated by the Urban Redevelopment Authority of Singapore in 2019.
Commenting on this strategic collaboration, Mr Ji Zenghe, Executive Chairman of The Place Holdings, said, &ldquo MCC Land has an established track record in developing and constructing high-quality property projects in Singapore with a growing presence in the regional markets as well.
We are confident that their expertise will complement with our property development and management strengths and bring greater synergies to future collaborations together.
Together with MCC Land, we look forward to harness new growth opportunities, broaden our earnings base, enlarge our geographical footprint and create sustained value for our stakeholders.&rdquo
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noobnub
Supreme |
04-Dec-2020 22:17
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INCORPORATION OF TWO NEW SUBSIDIARIES AND INTERNAL RESTRUCTURING OF THE GROUP
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BlueKnight
Member |
04-Dec-2020 20:46
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Very interesting price movement... | ||||
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commando
Master |
04-Dec-2020 11:26
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Still can go up????
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noobnub
Supreme |
04-Dec-2020 10:17
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they shaking out the stale bulls retailers at 15. sellers throw they will absorb
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SmallSmall
Supreme |
04-Dec-2020 10:12
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Watch for the break at $0.016.....if $0.016 breaks likely to attract more traders
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WBdisciple
Elite |
04-Dec-2020 09:56
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MCC LAND is quite an established property player in Singapore! http://www.mcc.sg/development-mccland.html Incorporated in 2010, MCC Land (Singapore) Limited has been actively involved in Singapore&rsquo s real estate scene and achieved good results. It has developed five development projects, co-developed two development projects and managed five development projects. The company has been ranked Singapore&rsquo s top 10 real estate developers for three consecutive years and won the &ldquo Asia&rsquo s Top Influential Brands&rdquo award. China Jingye Engineering Corporation Limited (Singapore Branch) is a registered contractor with the Building and Construction Authority of Singapore (BCA) and the only State-owned enterprise in Singapore to obtain the highest A1 grade in both General Building (CW01) and Civil Engineering (CW02) categories. The company is influential in Singapore with excellent performance in both public and private construction sectors. The company is the main contractor for Singapore&rsquo s iconic landmark projects - Universal Studios Singapore and Maritime Experiential Museum, Resorts World, Sentosa. China Jingye Construction Engineering (Singapore) Private Limited has extensive experience in private civil engineering sector. As the general main contractor for MCC Land, it is responsible for most of its property development projects. The company has been part of MCC Singapore since its inception in 1996. It has accumulated comprehensive engineering performance and experiences in turnkey, specialised contracting, supply and subcontracting works. Established in 2012 as MCC Singapore&rsquo s gateway to Southeast Asia, MCC Bina Sdn Bhd undertakes large-scale projects in Malaysia. In recent years, MCC Singapore has expanded its business to countries like Malaysia, Indonesia and India, cementing MCC Group&rsquo s foothold in South East Asia. |
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commando
Master |
04-Dec-2020 09:54
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Hmmm.....whats so good
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WBdisciple
Elite |
04-Dec-2020 09:52
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Strategic Collaboration Framework Agreement with MCC Land (Singapore) Pte. Ltd. https://links.sgx.com/1.0.0/corporate-announcements/TGWUY9BGY5OTZ4LM/80f3b51948bc97a92f30db2c622710125c1594716927763bc4b14802a72bc9a9 |
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SmallSmall
Supreme |
04-Dec-2020 09:43
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Can watch and see if there is enough volume and price gains today....
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noobnub
Supreme |
04-Dec-2020 09:21
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STRATEGIC COLLABORATION FRAMEWORK AGREEMENT WITH MCC LAND (SINGAPORE) PTE. LTD. | ||||
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ykjuay
Veteran |
04-Dec-2020 08:40
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Some strategic agreements news, looked positive for a price uptrend | ||||
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ykjuay
Veteran |
03-Dec-2020 15:53
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wow, wow , what happened to this share....keep eating 0.014 | ||||
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