Brief: Coolpad Group Says Unit And Shenzhen Xinghuaan Real Estate Entered Into Cooperation Agreement
12/01/2021 13:03
Jan 12 (Reuters) - Coolpad Group Ltd 2369.HK :
* UNIT AND SHENZHEN XINGHUAAN REAL ESTATE HAVE ENTERED INTO
COOPERATION AGREEMENT
* AGREEMENT FOR SECOND & THIRD PHASES OF URBAN RENOVATION
PROJECT
OF COOLPAD INFORMATION HARBOR
* UNDER AGREEMENT, UNIT TO PROVIDE LAND IN NANSHAN DISTRICT
FOR
CONSTRUCTION, OPERATION & SALES FOR PROJECT
* TOTAL CONTRIBUTION BY UNIT IN PROJECT TO BE RMB51.0
MILLION
* CONTRIBUTION OF XINGHUAAN FOR PROJECT SHALL NOT BE LESS
THAN
RMB1.37 BILLION
Source text for Eikon: ID:nHKS1KRgwF
Further company coverage: 2369.HK
((Reuters.Briefs@thomsonreuters.com;))
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