Monday, August 14, 2017
Banyan Tree signs joint venture with China Vanke
Banyan Tree and China Vanke have established Banyan Tree Assets (China), a 50/50 joint venture incorporated in Singapore. BTAC holds a 40 per cent stake in each of Banyan Tree’s operating companies incorporated in Singapore, Banyan Tree Hotel Management (China) and Banyan Tree Services (China) respectively.
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