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3 months ago
BRIEF-China Fortune Land obtains land sites in China, Vietnam, to acquire property assets
May 8, 2017 / 11:27 AM / 3 months ago

BRIEF-China Fortune Land obtains land sites in China, Vietnam, to acquire property assets

May 8 (Reuters) - China Fortune Land Development Co Ltd

* Says unit wins land auction for 101.3 million yuan ($14.67 million)

* Says it plans to invest a combined 811.8 million yuan to set up seven units

* Says units obtains land sites in Vietnam for $65.95 million

* Says indirectly-owned unit buys property assets for 259.0 million yuan in Anhui province

Source text in Chinese: bit.ly/2pXBkL8; bit.ly/2pmFYAg; bit.ly/2qJwvYN

Further company coverage: ($1 = 6.9030 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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