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BRIEF-Gemdale Properties and Investment says unit entered into framework agreement with Gemdale Corp
July 17, 2017 / 10:06 AM / a month ago

BRIEF-Gemdale Properties and Investment says unit entered into framework agreement with Gemdale Corp

July 17 (Reuters) - Gemdale Properties And Investment Corp Ltd:

* Shenzhen Xinjia, a wholly-owned subsidiary of company, entered into framework agreement with Gemdale Corporation

* Proposed annual cap for construction fee receivable under agreement for period ending 31 December 2017 is RMB70 million

* Gemdale Corp to engage Shenzhen Xinjia to provide decoration services to certain property projects developed by Gemdale Source text for Eikon: Further company coverage:

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