Grand Field Group Unit Concludes First Tranche of Property Sales in Xuzhou City

MT Newswires Live

2024/12/24

Grand Field Group Holdings (HKG:0115) subsidiary Xuzhou Guojin Property Development received 13 million yuan from selling the first batch of units in Guojin Era, a commercial building in Xuzhou City, Jiangsu Province, China.

Guojin Property Development agreed to sell 87 units in Guojin Era to Zong Heng in two tranches for an aggregate consideration of 25.7 million yuan, a Monday Hong Kong bourse filing said.

As a result of receiving the first batch payment, the group will execute the relevant commodity house purchase and sales contracts in due course.

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