Brief: Eminence Enterprise Says Huzhou Govt To Resume And Unit To Surrender Some Properties
05/10/2022 10:03
Oct 5 (Reuters) - Eminence Enterprise Ltd 0616.HK :
* HUZHOU GOVERNMENT SHALL RESUME AND ENTERPRISES HUZHOU
SHALL
SURRENDER SOME PROPERTIES
* UNDER DEAL, COMPENSATION AMOUNT OF RMB387 MILLION IS
PAYABLE BY
HUZHOU GOVERNMENT TO ENTERPRISES HUZHOU
* EXPECTED TO RECORD ESTIMATE GAIN BEFORE TAX FROM LAND
RESUMPTION
OF ABOUT HK$78.8 MILLION
Source text for Eikon: ID:nHKS9Bt1H3
Further company coverage: 0616.HK
((Reuters.Briefs@thomsonreuters.com;))
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