and Xinyao Hainanese Chicken Rice outlets in Shanghai. Both outlets are located at the Shanghai One International Trade Centre and are wholly owned and managed by the group. Xinyao Hainanese Chicken Rice is a new addition to the group's F&B portfolio. Shares of Jumbo closed up S$0.005 or 1.4 per cent to S$0.375 on Friday.
to jointly submit proposals to tender for a contract under a US$800 million township development project in Bangladesh. Raffles Infrastructure said KORAMCO Fund, a real estate and energy/infrastructure fund, is prepared to provide funding of up to US$80 million for the project, which is led by the Bangladesh Army Welfare Trust. Raffles Infrastructure shares closed at S$0.25 on Friday, up S$0.04 or 19.05 per cent.
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