MKI buys into Sichuan plans

MKI Corporation has bought into two developments in Chengdu, Sichuan. It is placing 40.4 million shares to take 70 per cent of the 25-storey Billion Link Plaza, with an estimated development cost of $131 million.

It is also placing 51 million shares to take 70 per cent of the 32-storey World Trade Plaza, with an estimated development cost of $199 million.