[ET Net News Agency, 30 December 2019] Modern Land (China) Co., Limited (01107) said
its subsidiary Xi'an Green Joy has agreed to buy 100% equity interest of Xi'an Junhua
Development Co., Ltd. (the target company) at a total consideration of RMB586 million.
The target company holds the land use rights of land parcels, which are located at
Baqiao District, Xi'an City, Shaanxi Province, the PRC with a total site area of 48,832.16
square metres, which are planned for residential use. (RC)