Brief: Xinming China Announces Court-Ordered Auction Of Taizhou Property

Xinming China Holdings

02/12/2022 14:47

Dec 2 (Reuters) - Xinming China Holdings Ltd  2699.HK :
    * COURT-ORDERED AUCTION OF TAIZHOU PROPERTY
    * ON APPLICATION OF HUARONG ASSET, AN ONLINE AUCTION IS
ORDERED TO
BE HELD ON 5 DECEMBER 2022
    * 578 COMPLETED PROPERTIES HELD FOR SALE LOCATED AT TAIZHOU
PROPERTY MARKED WITH AGGREGATE RESERVE PRICE OF RMB99.54 MILLION
    * COURT-ORDERED AUCTIONS HAVE NO SIGNIFICANT IMPACT ON
BUSINESS
OPERATIONS OF GROUP

Source text for Eikon:  ID:nHKS65BNrG 
Further company coverage:  2699.HK 
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