Brief: Luminor Financial Decides to Accept Offer Of RMB43.9 Mln As Compensation

Luminor Financial Holdings

30/11/2021 10:32

Nov 30 (Reuters) - Luminor Financial Holdings Ltd  LUMI.SI :
    * REFERS TO ANNOUNCEMENT DATED 27 MARCH 2019 & 12 NOV 2021
ON
REPOSSESSION OF DEVELOPMENT PROPERTY LAND IN CHONGQING
    * BOARD HAS DECIDED TO ACCEPT OFFER OF RMB42.9 MILLION AS
COMPENSATION FOR REPOSSESSION OF LAND FROM FULING DISTRICT LOCAL
AUTHORITY
    * ESTIMATED FINANCIAL IMPACT OF REPOSSESSION WILL BE GAIN ON
DISPOSAL OF RMB34.5 MILLION

Further company coverage:  LUMI.SI 

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