Brief: Neway Group Holdings says Zhongda Qingyuan to swap existing land with new land
17/03/2017 14:03
March 17 (Reuters) - Neway Group Holdings Ltd 0055.HK
* Zhongda Qingyuan has agreed to swap existing land with new
land and certain compensatory payment
* Qingyuan Hi-Tech Zone Management Committee and Zhongda
Qingyuan agreed that price for existing land and new land are
same and set as rmb57.2 million
* In connection with land swap, Qingyuan Hi-Tech Zone
Management Committee to pay compensatory payment of rmb45
million to Zhongda Qingyuan
Source text for Eikon: ID:nHKS9py2pm
Further company coverage: 0055.HK
(bangalore.newsroom@thomsonreuters.com)
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