Metro Holdings Limited is a Singapore-based company. The Company is engaged in management and holding companies, retailers and department store operators, property investment and developers. The Company has two segments: property development and investment, and retail segment. The property segment is involved in the leasing of shopping and office spaces owned by the Company, operating of hotels and investing in property-related investments. It owns and manages 320,000 square metres of retail and office properties in cities in China, such as Beijing, Shanghai and Guangzhou, and also holds significant investments in certain property businesses in China. The retail segment is involved in the business of retailing and operating of departmental stores. Its subsidiaries include Metro (Private) Limited, Metrobilt Pte Ltd, Meren Pte Ltd and Metro China Holdings Pte Ltd.
Metro Holdings Limited
SIN:M01 ISIN:SG1I11878499
News
Asian stock markets were broadly lower Friday following the weakness in Wall Street. Chinese shares also fell on profit taking, but airline equities rose across the board on a new pricing mechanism of fuel surcharge to take effect this weekend.
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