HKG:0978

4 stories mentioning HKG:0978Updated 10d ago

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China Merchants Land Signs Framework Contracts with China Merchants Shekou

China Merchants Land (HKG:0978) entered into two framework agreements with China Merchants Shekou Industrial Zone (SHE:001979) on Friday, according to a same-day Hong Kong bourse filing.Under a property framework agreement, China Merchants Shekou Industrial Zone will provide China Merchants Land with property management, property engineering and equipment, and property sales services.The company also agreed to acquire various types of commodities and services from China Merchants Shekou under a general commodities and services framework agreement.The contracts, which will be subject to shareholder approval, will be valid till Dec. 31, 2028.

HKG:0978SHE:001979

Asia14d ago

China Merchants Land Unit to Lease Shenzhen Premises for Five Years

China Merchants Land (HKG:0978) unit China Merchants Land (Shenzhen) agreed to lease certain premises from Shenzhen Shekou Xintai Real Estate for sixty months.The tenancy for two units in China Merchants Shekou Plaza in Shenzhen is valid from Sept. 1, 2026, to Aug. 31, 2031 according to a Monday Hong Kong bourse filing.The unit will use the premises as its principal place of business and office premises in Shenzhen.

HKG:0978

Asia20d ago

JD.com, China Resources Land Consortium Bags HK$1.03 Billion Northern Metropolis Contract in Hong Kong

A joint venture comprising six companies won the tender for the Hung Shui Kiu/Hia Tsuen development project in Hong Kong's Northern Metropolis with a bid of HK$1.03 billion, the Hong Kong Development Bureau said Monday.The six companies are subsidiaries of China Overseas Land & Investment (HKG:0688), China Merchants Land (HKG:0978), China Resources Land (HKG:1109), China Tourism Group, JD.com (HKG:9618), and Sino Land (HKG:0083).The consortium, operating as Hung Shui Kiu New Development, plans to invest approximately HK$16.8 billion in the nearly 11-hectare project, which is expected to create over 6,000 jobs.The project involves levelling three residential sites for roughly 3,000 units and building a JD.com-led smart logistics center, which is expected to open within 55 months, faster than the 99-month minimum requirement.The winning bidder will also level additional government sites and return them to the government by 2028, with recreational facilities to follow by 2033.

HKG:0083HKG:0688HKG:0978HKG:1109HKG:9618

Asia145d ago

MTR Awards Tender For Kam Sheung Road Phase 2 Project

MTR (HKG:0066) awarded the tender for the Kam Sheung Road Station Phase 2 project to a consortium made up of Sino Land (HKG:0083), China Overseas Land & Investment (HKG:0688), China Merchants Land (HKG:0978), and Great Eagle (HKG:0041), according to a statement Tuesday.The consortium will be entitled to the future ownership of the commercial portion of the development, MTR said.MTR received eight bids for the project after attracting 31 expressions of interest.The site is reportedly valued at HK$3.62 billion to HK$7.24 billion, or HK$3,000 to HK$6,000 per square foot, and is expected to provide about 1,290 flats across 1.21 million square feet.

HKG:0041HKG:0066HKG:0083HKG:0688HKG:0978

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