Zhitong Financial App News, CWT INT'L (00521.HK) issued an announcement. On March 27, 2026, HPC Realty, LXP, CWT Pte. , O2 Realty and the joint venture entered into a joint venture agreement to jointly invest in the joint venture to carry out property redevelopment projects in Singapore. After further commercial negotiations, the two parties entered into a revised and restated agreement on May 18, 2026. As of the date of this announcement, the joint venture was 47% owned by HPC Realty, 19% by CWT Pte., 29% by LXP, and 5% by O2 Realty. Under the joint venture agreement and shareholding interests based on CWT Pte., the initial investment amount for the purchase and redevelopment of the property was SGD 15.2892 million.

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