Brief: Aoyuan Healthy Life Group Says Unit & Guangzhou Aoying Investment Carry Out Cooperation On Property Development Project

Starjoy Wellness and Travel

13/03/2020 10:35

March 13 (Reuters) - Aoyuan Healthy Life Group Co Ltd
 3662.HK :
    * UNIT & GUANGZHOU AOYING INVESTMENT CARRY OUT COOPERATION
ON
PROPERTY DEVELOPMENT PROJECT FOR DEVELOPMENT OF LAND PLOT
    * GUANGZHOU AOYING GUANGZHOU AOYING INVESTMENT TO PAY
RMB61.5
MILLION TO SHANGHAI AOHUIYAN FOR LAND PLOT
    * EXPECTED THAT CO WILL RECOGNISE A GAIN OF ABOUT RMB2
MILLION ON
COOPERATION AGREEMENT
    * GUANGZHOU AOYING TO BE RESPONSIBLE FOR PROJECT
DEVELOPMENT,
CONSTRUCTION, OP, MANAGEMENT & ENTITLED TO 70% OF ECONOMIC
BENEFITS

Source text for Eikon:  ID:nHKStCD7T 
Further company coverage:  3662.HK 

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