Brief: China Merchants Land Says Unit Enters Cooperation Agreement With Beijing Shengshi, Project Co
11/04/2019 13:50
April 11 (Reuters) - China Merchants Land Ltd 0978.HK :
* UNIT ENTERS COOPERATION AGREEMENT WITH BEIJING SHENGSHI,
PROJECT
CO FOR DEVELOPMENT OF HUANGPU LAND THROUGH PROJECT COMPANY
* PURSUANT TO AGREEMENT GUANGZHOU MERCHANTS AND BEIJING
SHENGSHI
SHALL BEAR LAND PRICE OF RMB1.09 BILLION
* UPON COMPLETION OF COOPERATION AGREEMENT, REGISTERED
CAPITAL OF
PROJECT COMPANY SHALL BE INCREASED TO RMB1 BILLION FROM RMB 2
MILLION
Source text for Eikon: ID:nHKS7KhKF0
Further company coverage: 0978.HK
((Reuters.Briefs@thomsonreuters.com;))
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