Rowsley, HAGL Bow Out of $550-Million Myanmar Joint Venture

Rowsley Limited and Hoang Anh Gia Lai Joint Stock Company said the firms have mutually agreed not to proceed with the proposed joint venture regarding HAGL Myanmar Centre in Yangon. Singaporean real estate developer, architectural and engineering consultancy firm Rowsley in February said it will invest $275 million for a 50 percent stake in a […]

Rowsley to invest US$275 million in tie-up to develop Myanmar project

Rowsley Ltd, a listed real estate and investment firm part-owned by billionaire Peter Lim, has entered into an agreement with Vietnam’s Hoang Anh Gia Lai Joint Stock Company (HAGL) to jointly develop a mixed-use development in Yangon, Myanmar. Rowsley said that under a heads of terms agreement signed on Thursday, it will invest US$275 million […]