Brief: Chongqing Machinery & Electric updates on transaction land resumption by government

Chongqing Machinery & Electric Co

28/06/2016 23:43

June 29 (Reuters) - Chongqing Machinery & Electric Co Ltd  2722.HK : 
 * Chongqing m&e-discloseable transaction land resumption by government 
    2722.HK  
 * Says aggregate consideration for the land disposal amounts to RMB330 million 
 * Intends to use the net proceeds from the land disposal for later relocation 
   of gas compressor company 
 
* Source text for Eikon  ID:nHKS73Yvlq  
 
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