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Joy City PPT subsidiary plans to acquire the land use rights in Sanya, China for 0.725 billion yuan.
Glory Times reported on November 18th that Joy City PPT (00207.HK) announced that on November 18, 2024, Sanya Yuelu (an indirectly non-wholly owned subsidiary of the company) successfully bid for the land use rights of the land parcel offered by the Natural Resources and Planning Bureau through online public listing with a bid of 0.725 billion yuan. The transaction confirmation related to the acquisition was obtained on the same day, and the land use rights transfer contract related to the acquisition is expected to be signed on or before December 2, 2024. Sanya Yuelu has paid a bid deposit of 0.4345 billion yuan. Sanya Yuelu will hold the equity of the land parcel after the completion of the acquisition.
China Vanke provides guarantee for the joint venture Shaoxing Yuanhao loan.
China Vanke (02202) announced that Zhejiang Yuanhao intends to apply to Ping An Bank for a loan term adjustment not exceeding 0.8 billion yuan. The company and Hangzhou Yuanting will provide joint liability guarantee and equity pledge guarantee for the above-mentioned loan in proportion to 50% of the equity. The guarantee amount and the pledged guarantee amount are both not more than 0.4 billion yuan. The term of the joint liability guarantee is three years from the date of debt performance, and the term of the equity pledge guarantee is until the expiration of the debt performance. Grandjoy Holdings Group, along with Grandjoy Holdings Group in Zhejiang, will also provide joint liability guarantee and equity pledge guarantee in proportion to 50% of the equity respectively.
Joy City PPT (00207) completed the issuance of 1.4 billion yuan of 2024 medium-term notes.
Joy City Properties (00207) announced that on November 6, 2024, the company has successfully issued an amount of RMB...
grandjoy holdings group (000031): Both income and profitabilitty declined, with minority shareholder gains and losses boosting dragging down the net performance.
The company announced that, in the first three quarters of 2024, the revenue was 20.48 billion (-1.1%), and the net income attributable to the parent company was a loss of 0.59 billion (compared to a loss of 0.5 billion in the same period last year); the net income attributable to the parent company after deducting non-recurring items was a loss of 1.62 billion (compared to
Express News | China International Boutique Consumption Month kicks off, with Beijing launching a thousand activities.
Joy City: Report for the third quarter of 2024
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