Brief: China Merchants Port Holdings Announces Disposal Of Various Interest In Land In Qianhai
24/12/2018 10:46
Dec 24 (Reuters) - China Merchants Port Holdings Co Ltd
0144.HK :
* ANNOUNCES DISPOSAL OF VARIOUS INTEREST IN LAND IN QIANHAI
* TOTAL CONSIDERATION COMPRISES OF NEW LAND WITH VALUE OF
ABOUT
RMB43.21 BILLION TO BE GRANTED TO A2 CO AND ANOTHER PIECE OF
LAND
* UNITS ENTERED INTO LAND RESTRUCTURING AGREEMENT WITH A2
CO,CHINA
MERCHANTS SHEKOU INDUSTRIAL ZONE HOLDINGS CO AND ITS UNITS
* UPON LAND RESTRUCTURING AGREEMENT BECOMING EFFECTIVE,
ANTONGJIE
AND ANSUJIE WILL GIVE UP AND CEASE TO HAVE INTEREST IN CMP LAND
Source text for Eikon: ID:nHKS8n0Ln5
Further company coverage: 0144.HK
((Reuters.Briefs@thomsonreuters.com;))
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