China Sunsine Chemical To Acquire Shanxian Fulong Villa For $4.4m
In an attempt to tap on the growing hospitality sector in the region, China Sunsine Chemical has entered into a Project Development Agreement with Shanxi county’s local government to acquire Shanxian Fulong Villa for $4.4 million.
The target company owns the dormant Shanxian Fu Long Lake Convention Centre, a hotel cum convention centre, and has paid-up capital of Rmb19 million.
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