Brief: Hopson Development Announces Acquisition Of Co

Hopson Development Holdings

03/08/2022 16:15

Aug 3 (Reuters) - Hopson Development Holdings Ltd  0754.HK :
    * ACQUISITION OF CO WHICH OWNS PIECE OF LAND IN HUANGPU
DISTRICT
OF SHANGHAI
    * EXPECTED THAT CONSTRUCTION WORK FOR DEVELOPMENT PROJECT
WILL
COMMENCE IN OR ABOUT MARCH 2023
    * EXPECTED THAT PRE-SALE FOR DEVELOPMENT PROJECT WILL
COMMENCE IN
OR ABOUT MAY 2024
    * UNIT TO ACQUIRE SHANGHAI BOZHENG PROPERTIES FOR RMB790
MILLION

Further company coverage:  0754.HK 

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