Brief: Hailan Says Unit & Guangxi Fuming Entered Into Cooperation Agreement

Hailan Holdings

30/06/2020 16:43

June 30 (Reuters) - Hailan Holdings Ltd  2278.HK :
    * UNIT & GUANGXI FUMING ENTERED INTO COOPERATION AGREEMENT
IN
RELATION TO CAPITAL INCREASE IN GUANGXI MINGGUI REAL ESTATE
DEVELOPMENT CO
    * PARTIES WILL DEVELOP PROJECT LAND PARCEL LOCATED AT SOUTH
OF
NANHUAN ROAD
    * GUANGXI MINGGUI REAL ESTATE DEVELOPMENT CO WILL BE OWNED
AS TO
90% BY CO'S UNIT
    * UNIT WILL PAY A TOTAL SUM OF RMB335 MILLION

Source text for Eikon:  ID:nHKSx4B5h 
Further company coverage:  2278.HK 

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