[ET Net News Agency, 7 January 2020] China Tianbao Group Development Company Limited
(01427) said its subsidiary Tianbao Property Development has agreed to acquire a land
parcel at a total consideration of RMB246.28 million.
The land parcel in the High-Tech Development Zone, Zhuozhou, Hebei Province, the PRC. It
has a total area of 58,610.92 sq.m. The term for the grant of land use right is of 40
years, and will be used for other commercial service purpose, including but not limited to
commercial offices, hotels and apartments. (RC)