[ET Net News Agency, 29 July 2019] Future Land Development Holdings Limited (01030)
said it has transferred a total of eight real estate projects to subsidiaries of Jinke
Group at an aggregate amount of RMB2,737 million.
The disposals are all newly acquired residential projects that are not ready for sale.
The disposals will not affect the current projects of the company's or its commercial
complex projects.
The group is expected to record an unaudited gain of approximately RMB0.5547 million.
(RC)