June 8, 2017 / 1:14 PM / 2 months ago

BRIEF-Realord Group updates on investment agreement for recycled aluminum processing plant

June 8 (Reuters) - Realord Group Holdings Ltd

* Investment agreement in relation to development and construction of a recycled aluminum processing plant

* Total investment amount as indicated in investment agreement for project is approximately rmb350 million

* Top eagle and Park Management committee entered into investment agreement

* Top Eagle will design, develop and build a processing plant for recycling and production of aluminum ingots in PRC

* It is expected that acquisition costs of phase one site would be about rmb11 million

* top Eagle has agreed to acquire phase one site under public land tendering process conducted by relevant land government department Source text for Eikon: Further company coverage:

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