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00272 SHUI ON LAND
RTNominal up0.710 +0.020 (+2.899%)
Result Announcements

01/11/2019 11:55

Shui On Land (00272) to buy Shanghai lands at RMB3.88bn

[ET Net News Agency, 1 November 2019] Shui On Land Limited (00272) said its subsidiary
Shanghai Panlong succeeded in the bids of the land use rights of the land offered for sale
by Shanghai Qingpu District Planning and Natural Resources Bureau at the bidding at an
aggregate consideration of RMB3.88 billion.
The land consists of four land parcels with a total gross floor area of 176,251.50 sq.m.
for residential use with term of use of 70 years. (RC)

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