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Asia

Ying Li International Real Estate's Unit Executes Property Management Agreement

Ying Li International Real Estate's (SGX:5DM) subsidiary, Chongqing Rong Guang Commercial Management, signed an agreement with Chongqing Chongbai Technology Group to cover the operations management of the commercial podium of its "Future International" property in Chongqing, China.Under the agreement, the property developer gave its unit an irrevocable joint and several obligation to the latter, according to a Thursday filing with the Singapore Exchange.

SGX:5DM
Asia

Ying Li International Real Estate Names Group CEO

Ying Li International Real Estate (SGX:5DM) re-designated Ye Hailiang from Acting Group Chief Executive Officer to Group Chief Executive Officer, according to a Monday filing with the Singapore Exchange.Hailiang will remain the company's executive director, the filing said.

SGX:5DM
Asia

Ying Li International Real Estate Awards 15-Year Commercial Management Contract

Ying Li International Real Estate (SGX:5DM) awarded a 15-year commercial operations management contract for a 47,380 square meter commercial podium for its Future International Property in China, to Chongqing Chongbai Technology.The tender, which was released by the company's subsidiary, Chongqing Yingli Real Estate Development, was closed with a winning bid amount of 155.7 million yuan.The contract will start from Oct. 1 and covers leasing agency services, daily operations management and marketing and renovation supervision.

SGX:5DM

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