BRIEF-PICC Property And Casualty Enters Into Joint Bidding Agreement With PICC Life And PICC Health

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Dec 3 (Reuters) - PICC Property and Casualty Co Ltd :

* ENTERED INTO A JOINT BIDDING AGREEMENT WITH PICC LIFE AND PICC HEALTH

* CO, PICC LIFE AND PICC HEALTH TO FORM A CONSORTIUM TO JOINTLY PARTICIPATE IN BIDDING FOR STATE-OWNED LAND USE RIGHT

* BID DEPOSIT OF LAND PLOT IS RMB231.11 MILLION; BID DEPOSIT PAYABLE BY CO IS RMB134 MILLION

* INITIAL BIDDING PRICE OF LAND PLOT IS RMB1,155.51 MILLION Source text for Eikon: Further company coverage:

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