Shun Tak Group and China Travel International completed the formation of a $128m joint venture.

Synopsis

Shun Tak Group, an investment holding company, and China Travel International, an investment holding company engaged in travel, theme park, hotel, resort, passenger transportation, golf club, power generation, freight forwarding and other investments, completed the formation of a $128m joint venture.

Principals

target

Shun Tak Group & China Travel International Jv

bidder

Shun Tak Group

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Market Context