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TIANCHANG GROUP (02182.HK) Acquires Huizhou Land Parcel for RMB49.5 Million
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TIANCHANG GROUP (02182.HK) announced that today (31st), its Huizhou subsidiary entered into a state-owned construction land use rights transfer contract with the Natural Resources Bureau for the acquisition of a land parcel. The consideration is RMB49.5 million (approximately HKD56.2 million), and the Natural Resources Bureau must deliver the land parcel to the Huizhou subsidiary by April 30th of this year. The land parcel is located in the Xinmin Luotang area, JD134-13-02, Huizhou City, China, designated for secondary industrial use, with a total land area of 53,731 square meters and a land use rights term of 50 years. (sl/a) AASTOCKS Financial News Website: www.aastocks.com Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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