Brief: Huan Yue Interactive's Unit Enters Contract With Cixi Bureau To Acquire Land

Xingye Alloy Materials

17/05/2019 10:24

May 17 (Reuters) - Huan Yue Interactive Holdings Ltd
 0505.HK :
    * UNIT ENTERED LAND USE RIGHTS TRANSFER CONTRACT WITH CIXI
BUREAU
FOR ACQUISITION OF LAND AT CONSIDERATION OF RMB60.1 MILLION
    * TRANSACTION WAS FUNDED BY GROUP'S INTERNAL RESOURCES AND
COMPLETED ON 10 MAY 2019
    * UNIT NINGBO XINYUE INTENDS TO INVEST NO LESS THAN RMB601.4
MILLION ON LAND FOR WORK

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1FGxtb
Further company coverage:  0505.HK 

 (Reuters.Briefs@thomsonreuters.com)