LVGEM (China) Real Estate Investment Company Limited (00095) said its subsidiary Shenzhen LVGEM Real Estate Development Co., Ltd. has agreed to buy 100% equity interest in Dongguan LVGEM Real Estate Development Co., Ltd. (the target company) from Dongguan Lusheng Enterprise Investment Co., Ltd. at a total consideration of RMB8 million.
The target company is principally engaged in the development and holding of a project, which is a commercial development located in Zhangmutou Town, Dongguan City, Guangdong Province, the PRC. Subject to the requisite governmental approval, it is currently intended that the project will be developed into a shopping mall with a total planned gross floor area of approximately 61,848 sq.m.
【你點睇？】美、烏、歐多方在柏林會晤商討俄烏和談，你認為本輪磋商會否取得階段性成果？► 立即投票
