Sheng Siong signs joint-venture deal to run supermarkets in China

1 min readUpdated Dec 29, 2014Dec 29, 20142:19 AM

grocery store shelves could soon watch while you shop

Singapore-listed Sheng Siong Group has signed a conditional joint-venture (JV) agreement with Kunming LuChen Group Co Ltd to operate supermarkets in China.

Under the conditional agreement, the proposed JV company will be incorporated under the laws of China with a registered capital of USD10 million.

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