Sunac is raising up to HK$4.2 billion (US$537 million) in a share placement. Photo: Reuters

Sunac seeks US$537 million in share placement after Wanda acquisition

Indebted developer set to buy 13 tourism-related projects including theme parks from Wanda, in China’s second largest real estate transaction ever

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Sunac is raising up to HK$4.2 billion (US$537 million) in a share placement. Photo: Reuters
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