Brief: Shenzhen International Updates On Upgrading Of South China Logistics Park

Shenzhen International Holdings

31/10/2023 14:22

Oct 31 (Reuters) - Shenzhen International Holdings Ltd
 0152.HK :
    * UPDATES ON TRANSFORMATION, UPGRADING OF SOUTH CHINA
LOGISTICS
PARK PHASE I SIGNING OF LAND CONSOLIDATION AGREEMENT
    * UNIT, AMONG OTHERS, ENTERED INTO A LAND CONSOLIDATION AND
PREPARATION SUPERVISION AGREEMENT
    * PURSUANT TO LAND PREPARATION AGREEMENT, SOUTH CHINA
LOGISTICS
WILL RECEIVE DEMOLITION COMPENSATION FEE OF RMB1,058 MILLION
    * LAND WITHIN SCOPE OF PROJECT, EXCEPT FOR LAND TO BE
RESERVED,
WILL BE TRANSFERRED TO GOVERNMENT IN PHASES


Further company coverage:  0152.HK 

 ((Reuters.Briefs@thomsonreuters.com;))