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Solid Group acquires real estate company with projects in China

By Zinnia B. dela Peña
Sunday, February 17, 2008 [ philstar.com ]

A unit of listed consumer electronics and technology firm Solid Group Inc. has acquired 100 percent of Phil-Nanning Consortium Inc. (PNCI), a Philippine company that will undertake a real estate project in China.

In a disclosure to the Philippine Stock Exchange, Solid Group said its unit Precos Inc. acquired PNCI, which will build several multi-storey residential, commercial and office buildings in Nanning City in China’s Guangxi province. > > > [ full story ]

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