Brief: Hailan Holdings Announces Project Agreement Entered By JV

Hailan Holdings

14/08/2020 15:54

Aug 14 (Reuters) - Hailan Holdings Ltd  2278.HK :
    * JINZHONG REAL ESTATE TO ACQUIRE PROJECT LAND A AND PAY FOR
LAND
PREMIUM OF  PROJECT LAND B VIA DATONG INVESTMENT
    * MAXIMUM INVESTMENT OF PROJECT LAND PARCEL TO BE
CONTRIBUTED BY
JINZHONG REAL ESTATE ABOUT RMB135.2 MILLION
    * UNDER AGREEMENT, CONTRIBUTION PAYABLE BY JINZHONG REAL
ESTATE
WILL BECOME CAPITAL INCREASE FOR 49% STAKE IN DATONG INVESTMENT

Source text https://bit.ly/3fTJug5
Further company coverage:  2278.HK 

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