{"id":119516,"date":"2020-12-11T14:56:25","date_gmt":"2020-12-11T07:56:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-services-seeks-us1-billion-from-stock-placement-with-eyes-on-acquisition-opportunities\/"},"modified":"2020-12-11T15:07:06","modified_gmt":"2020-12-11T08:07:06","slug":"country-garden-services-seeks-us1-billion-from-stock-placement-with-eyes-on-acquisition-opportunities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-services-seeks-us1-billion-from-stock-placement-with-eyes-on-acquisition-opportunities\/","title":{"rendered":"Country Garden Services seeks US$1 billion from stock placement with eyes on acquisition opportunities"},"content":{"rendered":"


\nCountry Garden Services Holdings, the property management arm of mainland Chinese developer Country Garden, plans to raise HK$7.78 billion (US$1 billion) from the sale of new shares, which it plans to use to fund potential mergers and acquisitions.The company is placing 173 million shares at HK$45 each, according to an exchange filing on Friday. The price represents a 9.5 per cent discount to the closing price on Thursday. It appointed China International Capital Corp, JPMorgan Chase and UBS to\u2026
\n
\nSource : South China Morning Post
\nRead more…Country Garden Services seeks US billion from stock placement with eyes on acquisition opportunities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Country Garden Services Holdings, the property management arm of mainland Chinese developer Country Garden, plans...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-119516","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-v5G","jetpack-related-posts":[{"id":74598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stock-in-chinas-sunac-plunges-after-it-seeks-to-raise-us1-billion-through-share-placement\/","url_meta":{"origin":119516,"position":0},"title":"Stock in China\u2019s Sunac plunges after it seeks to raise US$1 billion through share placement","date":"December 15, 2017","format":false,"excerpt":"\r Shares of property developer Sunac China Holdings slumped by as much as 10 per cent on Friday after it said it would raise HK$7.82 billion (US$1 billion) through a share placement. The firm, chaired by billionaire Sun Hongbin, has agreed to sell 251.5 million shares at HK$31.1 each, an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-seeks-us537-million-in-share-placement-after-wanda-acquisition\/","url_meta":{"origin":119516,"position":1},"title":"Sunac seeks US$537 million in share placement after Wanda acquisition","date":"July 24, 2017","format":false,"excerpt":"\r Sunac China, one of the country\u2019s most indebted developers, is raising up to HK$4.2 billion (US$537 million) in a share placement after it agreed to buy Dalian Wanda Group\u2019s tourism projects for 43.8 billion yuan last week. Sunac China is selling 220 million shares, priced between HK$18.33 to HK$19.10\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123312,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-gardens-property-management-unit-sees-share-price-plunge-after-announcement-of-us1-billion-share-sale\/","url_meta":{"origin":119516,"position":2},"title":"Country Garden\u2019s property management unit sees share price plunge after announcement of US$1 billion share sale","date":"November 19, 2021","format":false,"excerpt":"\r A unit of mainland China\u2019s biggest developer has raised HK$8 billion (US$1.03 billion) by selling shares amid a slowdown in equity and property markets, prompting a slump in the share price.Country Garden Services Holdings, the property management arm of Country Garden, sold 150 million shares at HK$53.35 each, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-cr-land-seeks-us260-million-from-stake-sale-in-property-services-arm\/","url_meta":{"origin":119516,"position":3},"title":"China\u2019s CR Land seeks US$260 million from stake sale in property services arm","date":"November 13, 2025","format":false,"excerpt":"\r Chinese developer China Resources Land (CR Land) plans to raise more than HK$2 billion (US$260 million) by selling a 2.17 per cent stake in its property-management arm, China Resources Mixc Lifestyle Services, through a discounted share placement. CR Land agreed to place 49.5 million shares of CR Mixc Lifestyle\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105507,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-giant-china-vanke-aims-to-raise-us1-billion-in-new-shares-sale-as-it-prepares-to-survive-housing-market-slump\/","url_meta":{"origin":119516,"position":4},"title":"Property giant China Vanke aims to raise US$1 billion in new shares sale as it prepares \u2018to survive\u2019 housing market slump","date":"March 28, 2019","format":false,"excerpt":"\r Property giant China Vanke aims to raise HK$7.8 billion (US$1 billion) through a placement of new shares as it prepares to deal with a slowdown in the housing market.Vanke, mainland China\u2019s second-largest developer by sales, said it will place 263 million new shares on the Hong Kong stock exchange\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-chinas-third-largest-developer-seeks-to-ease-coronavirus-pain-by-floating-additional-shares-in-hong-kong-and-raising-us1-billion\/","url_meta":{"origin":119516,"position":5},"title":"Vanke, China\u2019s third-largest developer, seeks to ease coronavirus pain by floating additional shares in Hong Kong and raising US$1 billion","date":"June 4, 2020","format":false,"excerpt":"\r China Vanke, the mainland\u2019s third-largest home builder, aims to raise HK$7.87 billion (US$1.01 billion) in fresh capital to repay overseas debt and boost its working capital by floating additional shares in Hong Kong.In a filing to the city\u2019s exchange on Thursday, Vanke said it will sell 315.59 million shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119516"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=119516"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119516\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}