Brief: Sino land Co Ltd updates on award of tender

Sino Land

05/01/2017 09:50

Jan 5 (Reuters) - Sino Land Co Ltd  0083.HK : 
    * Sino Land-award Of Tender For The Development And 
Operation Of Hong Kong Ocean Park Fullerton Hotel  0083.HK  
    * Parkland received tender award confirmation from OPC for 
project 
    * Project costs, being total capital commitment of Parkland 
in project, are estimated to be approximately HK$3 billion 
    * Parkland intends to fund project costs by way of 
shareholders' loans and/or bank financing 
    * Project involves planning, design, financing, 
construction, development, operation, management and maintenance 
of hong kong ocean park fullerton hotel 
 
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