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BRIEF-Cifi updates on unit's application to participate in tender for land use rights
December 12, 2016 / 10:21 PM / 9 months ago

BRIEF-Cifi updates on unit's application to participate in tender for land use rights

Dec 13 (Reuters) -

* Cifi Hold Gp-voluntary Announcement

* Shanghai land transaction affairs center made public notice stating that co’s unit applied for tender of land use rights

* Shanghai Xubei is currently considering to initiate an objection appeal to relevant authority

* Unit submitted its application to participate in tender for land and paid amount of rmb374 million as security deposit

* Foregoing will have no material adverse impact on overall business operation, financial condition and financial performance of group Source text for Eikon: Further company coverage:

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