Brief: Lexinfintech Holdings Announces Purchase Of Land Usage Rights In Shenzhen

LexinFintech Holdings

20/02/2020 03:13

Feb 19 (Reuters) - Lexinfintech Holdings Ltd  LX.O :
    * ANNOUNCES PURCHASE OF LAND USAGE RIGHTS IN SHENZHEN
    * COMPANY EXPECTS TO ENTER INTO DEFINITIVE AGREEMENTS WITH
MUNICIPAL GOVERNMENT IN Q1 OF 2020
    * TOTAL PURCHASE PRICE FOR ACQUISITION OF LAND PLOT IS
EXPECTED TO
BE RMB1.032 BILLION
    * LAND ACQUISITION WILL BE USED FOR LEXIN'S NEW HEADQUARTERS
AS
COMPANY EXPANDS

Source text for Eikon:  ID:nPn6X9xWra 
Further company coverage:  LX.O 

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