Introducing Liang Anqi in Poly Oilfield
In recent years, many Chinese financial consortiums have taken local developers to cooperate in the promotion of local real estate projects. In August this year, Chinese developer Po Lin Real Estate (00119) won the sale of the land in the oil ponds of Gaochao Road, and recently introduced the joint chairman of SJM Holdings (00880), Liang Anqi [picture], Shangjia Holdings, which has become the oil of the past year and a half. The second case of cooperation between China and Hong Kong in Tang District.
The second Sino-Hong Kong cooperation in the region
Shangjiao Holdings participates in the development of the Gaochao Road residential area, which is located opposite the Gaoyue Building of Gaoyi Village in the public housing estate. It covers an area of approximately 39.612 million square meters and can be built with a floor area of approximately 356,504 square meters. In August this year, Poly Real Estate through Ace Alliance Development Limited (hereinafter referred to as Ace) spent 3.3 billion yuan to defeat nine opponents such as Henderson Land (00012) and Xindi (00016), each of which had a floor price (hereinafter referred to as floor price) of 9257 yuan.
According to the company’s registry, when Ace won the bid in August, the company’s directors were all senior executives of Poly Real Estate. However, when the list of directors was revised in September, Liang Anqi and Shang Jia Holdings executive director and chief executive officer Wu Shiyuan were introduced.
Wu Shiyuan confirmed his participation in the Yau Tong project when he was interviewed by the newspaper. He pointed out that he used to participate in the Yau Tong Bay Comprehensive Development Zone project in the same district when he was in charge of Hang Lung Properties (00101). He was familiar with the development of the Yau Tong District; Wu Shiyuan revealed that in the past The Group and Poly Property also have cooperation.
According to the information, Shangjia Holdings and Poly Real Estate have twice jointly organized a consortium to bid for the Kowloon East Kai Tak site in 2016, but failed twice.
In fact, in recent years, there have been repeated cases of Sino-Hong Kong joint ventures. Among them, Hong An Real Estate (01243) announced in June last year that it has cooperated with Chinese-funded Xuhui Holdings (00884) to develop the reconstruction project of Yantang Sishan Street. The property was named Fujian last month. Provide 326 gangs.