Brief: Putian Communication Says Unit Among Successful Bidders For Centralised Procurement Project
11/08/2020 13:39
Aug 11 (Reuters) - Putian Communication Group Ltd 1720.HK :
* UNIT IS ONE OF SUCCESSFUL BIDDERS FOR CENTRALISED
PROCUREMENT
PROJECT OF CHINA TELECOM CORP
* TOTAL BIDDING AMOUNT OF PROJECT IS ABOUT RMB519.8 MILLION
* SUCCESSFUL BIDDING WILL HAVE POSITIVE IMPACT ON GROUP'S
FUTURE
BUSINESS PERFORMANCE
* UNIT RANKED SECOND AND WILL BE AWARDED 19%-21% OF TOTAL
PROCUREMENT PRICE OF PROJECT, ABOUT RMB98.8 MILLION TO RMB109.2
MILLION
Source text for Eikon: ID:nHKSb1NpW
Further company coverage: 1720.HK
((Reuters.Briefs@thomsonreuters.com;))
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