China Oriental Group (00581) said its indirect non-wholly owned subsidiary was successful in its bid for a land in Suzhou for Rmb295 million.
The land is located at the junction of Zhiying Street East and Huashan Road South, Fengqiao Jie Dao, Gaoxin District, Suzhou, where an area of around 40,393.8 square meters with plot ratio not exceeding 1.5 for residential purpose.