Brief: Summi (Group) Holdings Announces Letter Of Investment Intent

Summi (Group) Holdings

16/11/2020 14:33

Nov 16 (Reuters) - Summi (Group) Holdings Ltd  0756.HK :
    * CO, JIANGSU RUIER REAL ESTATE GROUP CO & LIAOZHONG
DISTRICT
GOVERNMENT ENTERED A LETTER OF INVESTMENT INTENT
    * UNDER LOI, CO & JIANGSU RUIER WILL PARTICIPATE IN BIDDING
OF
LAND USE RIGHT FOR LAND IN SHENYANG CITY & FOR LIANHUAHU PARK
    * IF CO & JIANGSU RUIER WIN BID, PARTIES WILL JOINTLY
DEVELOP &
INVEST RUIER SUMMI COMMERCIAL COMPLEX & BOUTIQUE RESIDENTIAL
PROJECTS
    * EXPECTED TOTAL INVESTMENT OF PROJECT IS ABOUT RMB2.5
BILLION

Source text https://bit.ly/38UDqDU
Further company coverage:  0756.HK 

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