Brief: Yuexiu Transport Infrastructure Says Unit Entered Into Land Expropriation Works Agreement

Yuexiu Transport Infrastructure

17/10/2022 16:03

Oct 17 (Reuters) - Yuexiu Transport infrastructure Ltd
 1052.HK :
    * UNIT ENTERED INTO BAIYUN DISTRICT LAND EXPROPRIATION WORKS
AGREEMENT WITH BAIYUN LAND ACQUISITION OFFICE
    * TOTAL COMPENSATION AMOUNT FOR EXPROPRIATION OF RELEVANT
LAND IS
RMB50.0 MILLION
    * AGREEMENT FOR LAND EXPROPRIATION ARRANGEMENT TO BE
UNDERTAKEN BY
BAIYUN LAND ACQUISITION OFFICE
    * LAND EXPROPRIATION ARRANGEMENT IN CONNECTION WITH
PRELIMINARY
WORKS FOR GNSR EXPRESSWAY
    * UNIT INTENDS TO UNDERTAKE GNSR EXPRESSWAY R&E PROJECT
    * TOTAL INVESTMENT AMOUNT OF GNSR EXPRESSWAY R&E PROJECT IS
CURRENTLY ESTIMATED TO BE  RMB17 BILLION
    * EXPECTED THAT TOTAL CAPITAL CONTRIBUTION OF CO FOR GNSR
EXPRESSWAY R&E PROJECT WILL BE ABOUT RMB3.06 BILLION

Source text for Eikon:  ID:nHKS9DdTf7 
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