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CENTRAL CHINA Gets Shangshui Light Asset Model Project
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2016/12/02 17:46
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SHOW:  STOCK INFO  SHORT SELL  

CENTRAL CHINA (00832.HK)  0.000 (0.000%)    Short selling $11.95K; Ratio 2.969%   announced that CCRE Zhongyuan (as the trustee), an indirect wholly-owned subsidiary of the company, entered into a management entrustment contract for developing real estate project with a planned gross floor area of approximately 481,000 square meters with a principal for a period of 48 months.

CCRE Zhongyuan will engage in developing, operating and managing the real estate project established on a parcel of land in the west of Zhoushang Road and the south of Nangan Canal, Shangshui Xian, Zhoukou City, Henan Province, which CCRE Zhongyuan would charge royalty fee and performance fee in return. The Shangshui project is one of the projects under the light-asset strategy of the group.
(Quote is delayed for at least 15 mins.Short Selling Data as at 2016-12-09 16:25.)



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