Jingrui Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Jingrui Holdings Ltd announces acquisition of land use rights in HANGZHOU, The PRC
Jingrui Holdings Ltd:Says Gainful Harmony and Huzhou Jingrui, each an indirectly wholly-owned subsidiary of the company, succeeded in the bid of the land use rights of the Land  No. 105 and Land  No. 106 offered for sale by Hangzhou Land Bureau at the Auction on Jan, 7.Says the acquisition is at the price of 1,105 Yuan mln (equivalent to about HK$1,403.0 mln) and 971.5 Yuan mln (equivalent to about HK$1,233.4 mln), respectively.Says the auction confirmations were issued by Hangzhou Land Bureau to Gainful Harmony and Huzhou Jingrui, respectively, on Jan. 7.Says the land use rights grant contracts in relation to the Acquisition will be entered into on or before Jan. 14.
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