Brief: Kingworld Medicines says Shenzhen Kingworld entered into cooperation agreement
16/05/2016 01:00
May 16 (Reuters) - Kingworld Medicines Group Ltd 1110.HK : * Shenzhen Kingworld, a wholly-owned subsidiary of the company, entered into the cooperation agreement * Agreement with Shenzhen shanghenggang in respect of the formation of the project company for the project. * Unit made successful bid for development cooperation right in respect of land parcel currently owned by Shenzhen shanghenggang * In addition to transfer of assigned properties,shenzhen Kingworld agrees to make one-off cash compensation of RMB19 million to Shenzhen shanghenggang Source text for Eikon ID:nHKS6mT3VQ ((For more news, please click here 1110.HK )) ((Bengaluru Newsroom; +91 806749 1130))
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