Brief: Hung Hing Printing Says On 3 April, Unit Entered Land Resumption Agreements With Wuxi Local Administration
06/04/2020 02:43
April 6 (Reuters) - Hung Hing Printing Group Ltd 0450.HK :
* HUNG HING PRINTING GROUP LTD - ON 3 APRIL, UNIT ENTERED
LAND
RESUMPTION AGREEMENTS WITH WUXI LOCAL ADMINISTRATION
* HUNG HING PRINTING- HUNG HING PACKAGING TO SURRENDER
RESUMED
LAND FOR COMPENSATION OF RMB296.2 MILLION PAYABLE BY WUXI LOCAL
ADMINISTRATION
* HUNG HING PRINTING GROUP LTD - WUXI LOCAL ADMINISTRATION
WILL
PROVIDE UNDERTAKINGS TO HUNG HING PACKAGING IN RESPECT OF
TAXATION RELIEF AND NEW LAND
* HUNG HING PRINTING - HUNG HING WILL PLAN ON INVESTING IN
NEW
LAND AND WUXI LOCAL ADMINISTRATION SHALL PROVIDE SUBSIDY
RELATING TO SUCH PROJECT
* HUNG HING PRINTING-HUNG HING WILL PLAN ON INVESTING IN NEW
LAND
AND WUXI LOCAL ADMINISTRATION SHALL PROVIDE SUBSIDY RELATING TO
SUCH PROJECT
Source text for Eikon: ID:nHKS3ysvrK
Further company coverage: 0450.HK
((Reuters.Briefs@thomsonreuters.com;))
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