Brief: Perfect Group updates on MoU in relation to proposed acquisition of land use right

Perfect International Holdings

29/09/2016 12:26

Sept 29 (Reuters) - Perfect Group-Memorandum Of 
Understanding In Relation To The Proposed Acquisition Of Land 
Use Right  3326.HK  
    * Company shall pay a refundable deposit in amount of RMB25 
million 
    * Company shall acquire land use right of a parcel of land  
located in PRC from Shunde Land Development Centre 
    * Unit entered into a memorandum of understanding with 
Foshan City Shunde District Lunjiao Road Land Reserve 
Development Centre 
    * Lease agreement of perfect factory is for a term of three 
years and will expire in May 2018 
 
Source text for Eikon:  ID:nFWN1C50BT  
Further company coverage:  3326.HK  
 
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