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123 - Yuexiu Property Co News Story

HK$1.51 -0.0  -0.7%

Last Trade - 9:08am

Sector
Financials
Size
Mid Cap
Market Cap £2.33bn
Enterprise Value £9.98bn
Revenue £4.66bn
Position in Universe 439th / 6003

BRIEF-Yuexiu Property Says Won Bid For Land Parcel For Phase II Of Guangzhou International School Area

Fri 14th August, 2020 4:13pm
Aug 14 (Reuters) - Yuexiu Property Co Ltd  0123.HK :
    * WON BID FOR LAND PARCEL FOR PHASE II OF GUANGZHOU
INTERNATIONAL
SCHOOL AREA OF SOUTH CHINA UNIVERSITY OF TECHNOLOGY
    * DEAL FOR RMB1.26 BILLION
    * ESTIMATED COST OF SUPPLEMENTARY CONSTRUCTION IS ABOUT
RMB1.52
BILLION
    * PLANS TO FUND CONSTRUCTION COST BY EXTERNAL FINANCING
INCLUDING
REAL ESTATE DEVELOPMENT LOANS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS68vwZg
Further company coverage:  0123.HK 

 (Reuters.Briefs@thomsonreuters.com)
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