Brief: World Houseware Says Units Entered Agreement With Pinghu Street Office, Among Others

World Houseware (Holdings)

05/11/2021 15:27

Nov 5 (Reuters) - World Houseware (Holdings) Ltd  0713.HK :
    * WORLD HOUSEWARE - UNITS ENETERED AGREEMENT WITH "PINGHU
STREET
OFFICE", "LAND DEVELOPMENT AFFAIR CENTRE", AMONG OTHERS
    * WORLD HOUSEWARE - AGREEMENT TO CO-OPERATE WITH DEVELOPMENT
TIME
OF PRC GOVERNMENT'S OVERALL BENEFIT IN LAND DEVELOPMENT PROJECT
    * WORLD HOUSEWARE - WILL ALLOCATE MANUFACTURING FACILITIES
TEMPORARY MOVE TO RENTED FACTORIES IN HUIZHOU, PRC TO CONTINUE
ITS PRODUCTION AND BUSINESS
    * WORLD HOUSEWARE (HOLDINGS) - INTENDS TO BUILD RESIDENTIAL
AND
COMMERCIAL BUILDINGS ON LAND IN SHENZHEN CITY
    * WORLD HOUSEWARE - "WORLD PRODUCING CO." AND "NAM SOK CO."
WILL
RECEIVE LAND PARCEL IN SHENZHEN WITH VALUATION RMB1.83 BILLION
    * WORLD HOUSEWARE (HOLDINGS) LTD SAYS  MONETARY COMPENSATION
SHALL
BE PAID BY 4 INSTALMENTS
    * WORLD HOUSEWARE - 3 INSTALMENTS MONETARY COMPENSATION
AMOUNTED
TO RMB888.1 MILLION
    * WORLD HOUSEWARE - NAM SOK CO WILL HANDOVER PART LAND
PARCEL IN
XINXIA ROAD AND DEMOLISH RELEVANT BUILDINGS

Source text for Eikon:  ID:nHKS9H1mCW 
Further company coverage:  0713.HK 

 (Reuters.briefs@thomsonreuters.com)