Dec 1 (Reuters) - Chengdu Expressway Co Ltd 1785.HK :
* IMPLEMENTATION OF CHENGGUAN EXPRESSWAY PIDU EAST
TRANSFORMATION
PROJECT
* ENTERED INTO AGREEMENT ON RIGHTS & OBLIGATIONS OF
CHENGGUAN
EXPRESSWAY PIDU EAST (FIVE-RING INTERCONNECTION) TRANSFORMATION
PROJECT
* PIDU DISTRICT GOVERNMENT & MANAGEMENT COMMITTEE OF CHENGDU
HIGH-TECH ZONE INTENDED TO JOINTLY INVEST IN CONSTRUCTION OF
PROJECT
* EXPECTED THAT TOTAL AMOUNT WILL COVER CO'S LOSS OF TRAFFIC
VOLUME AND OTHER LOSSES CAUSED BY CONSTRUCTION OF PROJECT
* UNDER DEAL, PIDU DISTRICT GOVERNMENT WILL PAY CO A
COMPENSATION
FEE FOR TEMPORARY OCCUPATION, AMONG OTHERS
Further company coverage: 1785.HK
((Reuters.Briefs@thomsonreuters.com;))