Nimble Holdings Company Limited (00186) said its subsidiary Guangzhou Ruihua Property Development Company Limited has successfully won the bidding in respect of the land use rights of the land through listing-for-sale at the bidding price of RMB198.69 million.
The land is in Yangjiang City, Guangdong Province, the PRC, with a site area of approximately 62,089.4 sq.m. It is for residential use.