Greenland Hong Kong (00337) said it had won the bid for the acquisition of the parcels of land located at the Kunming City, Guandu District, Guanshang Street Office, Yunnan Province, the PRC at Rmb3,425.5 million.
The land parcels have a total site area of about 141,279.99 square metres and a plot ratio of more than 1 but less than 12 as well as a land use right of 70 years for urban residential land use and 40 years for business and hotel use.
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