FINWIRES · TerminalLIVE
FINWIRES

Suzhou Gold Mantis Construction Wins Bid for Macau Resort Hotel

By

Suzhou Gold Mantis Construction Decoration's (SHE:002081) indirect subsidiary, Goldmantis Macau Construction Decoration, secured the interior decoration contract for Galaxy Entertainment's phase four integrated resort hotel in Macau.

The contract, valued at 349.8 million Macanese patacas, was awarded through a tender by Galaxy Cotai Project Management, according to a Thursday filing with the Shenzhen bourse.

Goldmantis Macau Construction Decoration will act as a designated subcontractor for the project.

Shares of the contractor closed 3% higher Thursday.

Related Articles

Asia

ICICI Securities Downgrades Finolex Industries to Add from Buy, Price Target is INR214

Finolex Industries (NSE:FINPIPE, BOM:500940) has an average rating of overweight and mean price target of 216.80 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$BOM:500940$NSE:FINPIPE
Asia

United Winners Laser Invests 50 Million Yuan in Sunwoda Power

Shenzhen United Winners Laser Co (SHA:688518) invested 50 million yuan for a 0.1874% stake in core customer Sunwoda Power.The deal aims to solidify ties with Sunwoda Power in automotive batteries and energy storage cells, according to a Thursday filing with the Shanghai bourse.

$SHA:688518
Asia

Dear Life Buys Property in Tokyo

Dear Life (TYO:3245) has acquired an income-producing property named DeLCCS Ayase IV, located in a five-storey reinforced concrete condominium in Katsushika-ku, Tokyo, at an undisclosed value, according to Tokyo bourse filing on Thursday.The acquisition of the property was funded through a combination of internal capital and borrowings from financial institutions.

$TYO:3245