HKG:2165

2 stories mentioning HKG:2165Updated 38d ago

Every FINWIRES story that references HKG:2165, newest first.

Ling Yue Services Fails to Secure Sichuan Land Tender Bid; Shares Up 4%

Ling Yue Services (HKG:2165) said it was unsuccessful in a public tender for land use rights in Sichuan, according to a Tuesday Hong Kong bourse filing.Shares of the property manager were up over 4% in Wednesday morning trade.The company had planned to bid for a parcel in Xichang City with an initial price of 142.7 million yuan, intended for residential and commercial development.A bidding deposit of 28.6 million yuan was fully refunded without interest or deductions, it said.

HKG:2165

Asia66d ago

Ling Yue Services Group to Bid for Land in China

Ling Yue Services Group (HKG:2165) plans to bid for a parcel of land in China's Xichang City, according to a Hong Kong bourse filing Sunday.The land parcel available for public tender is situated at east side of the Nantan Vegetable Market and covers 15,444.39 square meters of area. The parcel is designated for both residential and commercial use for terms of 70 years and 40 years, respectively.The initial bid for the land is set at 142.7 million yuan and the firm said it would pay a bidding deposit of 28.6 million yuan to participate in the tender.If successful, the property manager plans to develop the land for commercial and residential use and sell the properties in the market.

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