Asia
Shinkong Textile Acquires AU$2 Million Pinnacle Diversified Property Fund
Shinkong Textile (TPE:1419) acquired AU$2 million of the Pinnacle Diversified Property Fund from Trident Capital Group.The investment was funded by cash generated from normal operating activities and is for financial investment, according to a Thursday filing.The company said the investment is intended to boost financial returns.
TPE:1419