Yotrio Group (SHE:002489) expects to receive 98.4 million yuan in compensation to transfer a property in Linhai City, China to the local government, according to a Shenzhen Stock Exchange disclosure on Jan. 27.
The industrial property, including land and factories, has a total building area of 13,045.55 square meters and a land area of 23,677.17 square meters, the Chinese outdoor living product manufacturer said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.