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Shun Tak to build mall with cineplex in Taipa, Macau

Shun Tak Holdings Limited said in a statement on Wednesday that it was partnering with an Abu Dhabi company to build a shopping mall with a cineplex in Taipa that was expected to be operational in 2019. The statement said that the 50/50 joint venture partnership was agreed upon with HIP Company Limited, a wholly-owned […]

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UPDATED: 22 Dec 2023, 5:48 am

Shun Tak Holdings Limited said in a statement on Wednesday that it was partnering with an Abu Dhabi company to build a shopping mall with a cineplex in Taipa that was expected to be operational in 2019.

The statement said that the 50/50 joint venture partnership was agreed upon with HIP Company Limited, a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA).

ADIA is a sovereign wealth fund owned by the Emirate of Abu Dhabi founded for the purpose of investing funds on behalf of its government.

(Macau News / The Macau Post Daily)

UPDATED: 22 Dec 2023, 5:48 am

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