Brief: Yashili International Holdings Announces Expropriation And Compensation Of Properties
26/12/2017 23:20
Dec 27 (Reuters) - Yashili International Holdings Ltd
1230.HK :
* SCIENT (CHINA) GDD LAND DEVELOPMENT AND RESERVE EXCHANGE
ENTERED INTO AN EXPROPRIATION AND COMPENSATION AGREEMENT
* COMPENSATION AMOUNT FOR AGREEMENT RMB252.8 MILLION
* CO EXPECTED TO RECORD UNAUDITED ESTIMATED GAIN OF ABOUT
RMB65
MILLION (BEFORE TAX) DUE TO EXPROPRIATION
Source text for Eikon: urn:newsml:reuters.com:*:nHKSbSJlr8
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