Green View eyes bigger placement to fund RTO

Rev Hui

September 21, 2015 07:00 am

China_Property_230px — Visitors look at house models during the 37th Chengdu real estate fair in Chengdu in southwest China's Sichuan province on Friday, April, 29, 2011. China is studying ways to control developers profits to keep home prices at a reasonable level, according to the National Development and Reform Commission.(Photo By Evens Lee/Color China Photo/AP Images) | Evens Lee/ColorChinaPhoto/AP/Press Association Images

Hong Kong-listed LVGEM (China) Real Estate Investment is planning to raise HK$3.5bn ($451m) from a placement of new shares in order to fund part of a HK$13.79bn asset injection from Green View Holding.

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Rev Hui