Brief: Hailiang International says unit enters into development management agreement

Shuoao International Holdings

05/08/2016 11:20

Aug 5 (Reuters) - Hailiang International Holdings Ltd  2336.HK : 
 * Discloseable transaction development management agreement  2336.HK  
 * Hailiang Australia, unit of the company, entered into the development 
   management agreement with maxida Australia 
 * Hailiang Australia will be entitled to an annual development management fee 
   in the amount of hk$3.5 million per each 12 months of engagement 
 * Says pursuant to which Maxida Australia agreed to engage Hailiang Australia 
   to manage the project 
 
 * Source text for Eikon  ID:nHKS72L3hk  
 
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