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Updated by Mike Tan on Mar 19, 2015
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Mike Tan Mike Tan
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Is Sheng Siong's foray into China a good move?

To recap, on 27 Dec 2014, Sheng Siong announced that it had signed on the dotted line with Kunming LuChen Group to operate supermarkets in China. The joint-venture has a registered capital of US$10 million and is subject to approval from the relevant authorities in the PRC.