Brief: Guangdong Land Says Yuehai Technology And Mingsheng Development Entered Relocation Compensation Agreements

Guangdong Land Holdings

19/06/2023 18:47

June 19 (Reuters) - Guangdong Land Holdings Ltd
 0124.HK :
    * YUEHAI TECHNOLOGY AND MINGSHENG DEVELOPMENT ENTERED
RELOCATION
COMPENSATION AGREEMENTS
    * YUEHAI TECHNOLOGY HAS AGREED TO HAND OVER IN AGGREGATE 19
RELOCATED PROPERTY UNITS LOCATED IN SHENZHEN CITY TO MINGSHENG
DEVELOPMENT
    * YUEHAI TECHNOLOGY TO HAND OVER RELOCATED PROPERTY UNITS
FOR
REDEVELOPMENT UNDER URBAN RENEWAL PROJECT
    * ESTIMATED TOTAL AMOUNT OF RELOCATION ALLOWANCE & MONTHLY
SETTLEMENT ALLOWANCE TO BE RECEIVED BY UNIT IS ABOUT RMB7
MILLION

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