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Inspur International Ltd Acquisition Of Land Use Rights

Wednesday, 29 Aug 2012 08:30am EDT 

Inspur International Ltd announced that on August 29, 2012, Inspur Mingda entered into the Agreement with Inspur Group whereby Inspur Mingda has conditionally agreed to acquire and Inspur Group has conditionally agreed to sell the land use rights of the Land located in Jinan City, Shandong Province, the PRC, for a period of approximately 45 years at the Consideration of RMB32,000,000 (equivalent to approximately HKD39,035,269). 

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-0.2 -11.36%
3:59am EDT