Operation Deal To Jointly Develop A Residential Site Located In Tianjin
June 28 (Reuters) - Ho Bee Land Ltd HBEE.SI :
* CO AND YANLORD LAND GROUP ENTERED A CO-OPERATION DEAL TO
JOINTLY
DEVELOP A RESIDENTIAL SITE LOCATED IN TIANJIN
* UPON COMPLETION, YANLORD & CO SHALL HOLD 51% & 49% STAKE
IN
RESIDENTIAL DEVELOPMENT, RESPECTIVELY
* LAND PARCEL ACQUIRED BY YANLORD THROUGH PUBLIC LAND
AUCTION FOR
ABOUT RMB1.5 BILLION
Source text for Eikon: ID:nSN7f8fGV
Further company coverage: HBEE.SI
((Reuters.Briefs@thomsonreuters.com;))
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