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00363 SHANGHAI IND H
RTNominal up10.360 +0.870 (+9.168%)
Others

10/05/2021 11:41

Shanghai Ind (00363): tender consortium gets Shanghai land

[ET Net News Agency, 10 May 2021] Shanghai Industrial Holdings Limited (00363) said the
Tender Consortium, which is formed by SI Development (a non-wholly owned subsidiary of the
company), Shanghai Municipal Investment and Shanghai Construction Group, has received a
confirmation notification from Hongkou District Planning and Natural Resources Bureau,
stating that the tender consortium has won in a bid for the acquisition of the land use
rights of the land through listing-for-sale at a consideration of RMB9,106 million.
The land is in North Bund, Hongkou District, Shanghai, the PRC. (RC)

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