BRIEF-Greentown China Holdings' Unit Enters Deal With CCCC Haixi Investment & Fuzhou Metro

Reuters

Wed, Dec 19, 2018, 8:47 AM

In this article:

Dec 19 (Reuters) - Greentown China Holdings Ltd:

* UNIT ENTERED FRAMEWORK AGREEMENT WITH CCCC HAIXI INVESTMENT & FUZHOU METRO TO JOINTLY DEVELOP A LAND VIA PROJECT COMPANY

* ACCORDING TO TERMS OF BID FOR LAND, TOTAL LAND CONSIDERATION OF RMB1.84 BILLION

* REGISTERED CAPITAL OF PROJECT COMPANY SHALL BE RMB800 MILLION, UNIT SHALL CONTRIBUTE 80 PERCENT OF THE AMOUNT Source text for Eikon: Further company coverage:

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BRIEF-Greentown China Holdings' Unit Enters Deal With CCCC Haixi Investment & Fuzhou Metro

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