China Overseas, China State Con form JV for Fuzhou pjt X
06/12/2018 17:28
(Infocast News)      China Overseas Land & Investment (00688) and China State Construction International (03311), which are connected persons, announced that they will establish a 50:50 JV company to develop residential and commercial properties at a 35,195-square-metre land in Jin An District, Fuzhou, Fujian Province.

The estimated total investment amount for developing and constructing properties at the land (including the registered capital of the JV company) is RMB1.69 billion (HK$1.91 billion).

(WL)



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