.
Goodman Group (ASX:GMG) and the Canadian Pension Plan Investment Board have agreed to expand their China Partnership by a further $545 million, according to media reports.
Canadian Pension Plan will cover 80 per cent of the additional funds.
That brings the total commitment by the two parties to $1.5 billion, since forming their partnership in 2009 to invest in logistics sheds across China.
CEO Greg Goodman told media the extra funds will help grow its China platform via a number of development projects.
Goodman Group delivered a net profit of $165.7 million in the first half of the 2013 financial year.
{"streaming_server":"rtmp:\/\/s2svek4dh1hfyu.cloudfront.net\/cfx\...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$35.37 |
Change
-0.045(0.13%) |
Mkt cap ! $71.84B | |||
| Open | High | Low | Value | Volume |
| $35.25 | $35.57 | $35.17 | $9.756M | 275.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1606 | $35.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.37 | 138 | 4 |
View Market Depth
| Last trade - 11.52am 12/08/2025 (20 minute delay) ? |
| GMG (ASX) Chart |