Shui On Land (00272) said it noted that there has been media coverage on a possible acquisition of Ciros Plaza located at 388 Nanjing Xi Road, Shanghai, by its wholly-subsidiary China Xintiandi Limited.
The company said it has been monitoring the market to identify suitable investment opportunities. However, it confirms that neither the Shui On Land Group nor the China Xintiandi Group has entered into any legally binding agreement in relation to the possible acquisition.
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