Operation Deal To Jointly Develop A Residential Site Located In Tianjin

Ho Bee Land

28/06/2021 13:20

June 28 (Reuters) - Ho Bee Land Ltd  HBEE.SI :
    * CO AND YANLORD LAND GROUP ENTERED A CO-OPERATION DEAL TO
JOINTLY
DEVELOP A RESIDENTIAL SITE  LOCATED IN TIANJIN
    * UPON COMPLETION, YANLORD & CO SHALL HOLD 51% & 49% STAKE
IN
RESIDENTIAL DEVELOPMENT, RESPECTIVELY
    * LAND PARCEL ACQUIRED BY YANLORD THROUGH PUBLIC LAND
AUCTION FOR
ABOUT RMB1.5 BILLION

Source text for Eikon:  ID:nSN7f8fGV 
Further company coverage:  HBEE.SI 

 ((Reuters.Briefs@thomsonreuters.com;))