Brief: Coolpad Group Says Unit To Sell Of Land Use Rights And Construction In Progress
25/04/2019 16:12
April 25 (Reuters) - Coolpad Group Ltd 2369.HK :
* XI ' AN HIGH-TECH INDUSTRIAL DEVELOPMENT ZONE LAND RESERVE
CENTER TO BUY LAND USE RIGHTS, CONSTRUCTION IN PROGRESS OF LAND
FROM UNIT
* DEAL AT A CONSIDERATION OF RMB236.3 MILLION
* EXPECTS DISPOSAL TO BRING PROFIT BEFORE TAX OF ABOUT
RMB52.54
MILLION TO GROUP
Source text for Eikon: ID:nHKSc3xRWC
Further company coverage: 2369.HK
((Reuters.Briefs@thomsonreuters.com;))
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