Brief: Global Sweeteners Holdings - Dihao Foodstuff Entered Compensation Agreement With Local Government
30/09/2020 11:26
Sept 30 (Reuters) - GLOBAL Sweeteners Holdings Ltd
3889.HK :
* DIHAO FOODSTUFF ENTERED COMPENSATION AGREEMENT WITH LOCAL
GOVERNMENT
* TOTAL COMPENSATION OF ABOUT RMB443.0 MILLION
* UNDER DEAL, DIHAO FOODSTUFF SHALL SURRENDER DIHAO
PROPERTIES TO
LOCAL GOVERNMENT FOR COMPENSATION
* GSH GROUP WILL UTILISE A PORTION OF PROCEEDS FOR
PREPARATION OF
RESUMPTION OF DIHAO PROPERTIES, AMONG OTHERS
Source text for Eikon: urn:newsml:reuters.com:*:nHKS2FvxVV
Further company coverage: 3889.HK
((Reuters.Briefs@thomsonreuters.com;))
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