Brief: Leoch International Technology says units entered into construction contract with Shenzhen Shekou Costal Realty

Leoch International Technology

26/07/2017 15:57

July 26 (Reuters) - Leoch International Technology Ltd 
 0842.HK  
    * Purchasers (which are indirect wholly-owned subsidiaries 
of company) and developer entered into construction contract 
    * Developer will provide construction services of property 
to purchaser 
    * Consideration payable by purchasers for construction and 
acquisition of property is is capped at rmb516 million 
    * Purchasers are Leoch Battery, Leoch Shenzhen and Lihang 
Battery; developer is Shenzhen Shekou Costal Realty Co 
 
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