Aside from Suzhou, Chiwayland has completed property developments in cities such as Shanghai, Wuxi and Zhangjiagang.
NextInsight and several analysts are headed to Suzhou, China today to check out some of Chiwayland International’s property projects.
|Chiwayland||11.7 SGD cents|
|52-week range||4.1-14.8 cents|
|Market cap||S$78 million|
|NAV/share||146.7 RMB cents|
Chiwayland, on its website, says it is ranked as one of the Top 100 Real Estate Development Enterprises in China.
Not content with its home market, the Group seeks to become a global property player with at least half of its revenue coming from outside China within the next five years.
It is targeting to grow in North America, Western Europe and Asia.
After Chiwayland, we will catch a train to the nearby city of Nanjing to visit Sunpower Group.
|52-week range||18-42.5 cents|
|Market cap||S$269.2 million|
Sunpower has 20 years of track record in the energy-saving and environmental protection sector.
It has ventured into a new major area of growth recently.
It clinched a number of BOO/BOT projects to build centralised steam and electricity facilities in the PRC, which will help combat smog pollution. (Details on its website)
Look out for our reports and photos!