Brief: Century Ginwa Retail Says As At Date, Project Company Has Not Yet Delivered Property
23/05/2024 13:30
May 23 (Reuters) - Century Ginwa Retail Holdings Ltd
0162.HK :
* AS AT DATE, PROJECT COMPANY HAS NOT YET DELIVERED PROPERTY
TO
PURCHASER
* PURCHASER DEMANDS PROJECT CO TO CONTINUE TO PERFORM
AGREEMENTS
* DEFAULT PENALTY CALCULATED UP TO 19 JAN & SHALL CONTINUE
TO BE
ACCUMULATED UNTIL ACTUAL DATE OF DELIVERY
* PURCHASER DEMANDS PROJECT CO TO UNDERTAKE DEFAULT PENALTY
IN
AMOUNT OF RMB368.808 MILLION
Further company coverage: 0162.HK
((Reuters.Briefs@thomsonreuters.com;))
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