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2699 — Xinming China Holdings News Story

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Brief: Xinming China Says On 31 May, Wenshang Times Received Auction Confirmation Issued By Court

June 1 (Reuters) - Xinming China Holdings Ltd  2699.HK :
    * ON 31 MAY, WENSHANG TIMES RECEIVED AUCTION CONFIRMATION
ISSUED
BY COURT
    * ENTIRE OWNERSHIP OF LAND USE RIGHT HELD BY WENSHANG TIMES
IN PRC
HAS BEEN AUCTIONED OFF TO TAIZHOU TAIKONG SHIDAI TRADING CO
    * AUCTION PRICE OF RMB282.4 MILLION

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Further company coverage:  2699.HK 

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

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