Brief: Cornerstone Financial To Form Partnership For Investment In Real Estate Projects In North America
11/05/2018 15:23
May 11 (Reuters) - Cornerstone Financial Holdings Ltd
8112.HK :
* INTEND TO FORM PARTNERSHIP WITH GENERAL PARTNER, LIMITED
PARTNER
FOR INVESTMENT IN REAL ESTATE PROJECTS IN NORTH AMERICA
* SIZE OF PROPOSED FUND IS EXPECTED TO BE $240 MILLION AND
CO (OR
ITS SUBSIDIARY) EXPECTS TO MAKE CAPITAL CONTRIBUTION OF $25
MILLION
Source text for Eikon: ID:nHKS4bdzLT
Further company coverage: 8112.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Cornerstone Financial Holdings
See all newsBrief: Cornerstone Financial Says Unit To Sell Target Co For HK$3 Million
Brief: Cornerstone Financial Says Sun Lihua Has Resigned As An Executive Director
Brief: Cornerstone Financial Says An Xishuai Appointed As Executive Director
Brief: Cornerstone Financial Holdings Posts H1 EPS HKD -0.11
Brief: Cornerstone Financial Sees Net Loss Of Hk$25.4 Million For Six Months