Perennial Real Estate Holdings incorporates firm in China
It will serve as a medical institution.
Perennial Real Estate Holdings's (PREH) indirect subsidiary Chengdu Pengyi incorporated a firm in China.
According to an announcement, Chengdu Pengyi incorporated Chengdu Chenghua BGI Perennial Medical Diagnostic Imaging Centre Co., Ltd. for $21.05m (RMB10m).
The company will serve as a medical institution.
Chengdu Pengyi has a 40% equity interest in the company and the remaining 60% equity interest is held by a third party.