Jumps on Chegdu real estate contract

MDJM

28/08/2019 16:41

** Chinese real estate service provider's shares  MDJH.O 
more than double, surging by as much as ~150%
    ** Stock now up ~54% at $3.84, best performer across U.S.
exchanges
    ** Company enters contract with Taida Xincheng Real Estate
Co (TDXC)     
    ** According to the contract, TDXC authorizes company to be
the sole primary real estate services agency for its real estate
project in Chengdu  urn:newsml:reuters.com:*:nGNXbqSL9l
    ** TDXC to pay performance-based real estate agency service
fees to MDJH
    ** Including session's gains, MDJH down ~14% since its
listing in January this year

 (Reporting by Abhishek Manikandan in Bengaluru)
 ((Abhishek.Manikandan@thomsonreuters.com))