英文: K Wah Intl unit to acquire Shanghai Guo Guang Real Estate for 524.66 mln yuan
K Wah International Holdings Ltd (173.HK) said its fully-owned unit Smart Manner Ltd has agreed to acquire Shanghai Guo Guang Real Estate Development Co Ltd from Shanghai State Owned Assets Management Ltd and Shanghai State Knowledge Real Estate Ltd for approximately 524.66 mln yuan.
In a statement, the company said the acquistision price includes the costs of the vendors undertaking the initial stages of development works. The company said under the agreement, the vendors will need to procure the land uses right in relation to a piece of land situated at 701 Guangzhong Road, Shanghai.
The company said 60 pct of the acquisition cost will be funded through internal resources, while the remaining 40 pct will be funded through bank borrowings.
It said it does not expect the acquisition will have an adverse impact on its gearing ratio or cash flow.
中文:嘉華國際5.24億人民幣購滬住宅地皮
嘉華國際(173.HK)宣布, 以總代價5.246億人民幣, 購入上海國 廣房地產(chǎn), 該公司擁有一幅位于上海廣中路之住宅地皮。
該幅土地占地19.4萬平方米, 可發(fā)展總樓面面積38.8萬平方米, 現(xiàn)計劃興建3,900個單位 之住宅屋苑, 有關(guān)工程預(yù)計于2008年落成。
該公司表示, 有關(guān)總代價中的60%, 由內(nèi)部資源支付, 其余40%由銀行借貸籌集資金。
該公司表示, 總代價包含上述地皮初期開發(fā)工程之費用, 包括拆遷及賠償、規(guī)劃、市政設(shè) 施及批文開支, 以及一切有關(guān)稅項征費。
K Wah International Holdings Ltd (173.HK) said its fully-owned unit Smart Manner Ltd has agreed to acquire Shanghai Guo Guang Real Estate Development Co Ltd from Shanghai State Owned Assets Management Ltd and Shanghai State Knowledge Real Estate Ltd for approximately 524.66 mln yuan.
In a statement, the company said the acquistision price includes the costs of the vendors undertaking the initial stages of development works. The company said under the agreement, the vendors will need to procure the land uses right in relation to a piece of land situated at 701 Guangzhong Road, Shanghai.
The company said 60 pct of the acquisition cost will be funded through internal resources, while the remaining 40 pct will be funded through bank borrowings.
It said it does not expect the acquisition will have an adverse impact on its gearing ratio or cash flow.
中文:嘉華國際5.24億人民幣購滬住宅地皮
嘉華國際(173.HK)宣布, 以總代價5.246億人民幣, 購入上海國 廣房地產(chǎn), 該公司擁有一幅位于上海廣中路之住宅地皮。
該幅土地占地19.4萬平方米, 可發(fā)展總樓面面積38.8萬平方米, 現(xiàn)計劃興建3,900個單位 之住宅屋苑, 有關(guān)工程預(yù)計于2008年落成。
該公司表示, 有關(guān)總代價中的60%, 由內(nèi)部資源支付, 其余40%由銀行借貸籌集資金。
該公司表示, 總代價包含上述地皮初期開發(fā)工程之費用, 包括拆遷及賠償、規(guī)劃、市政設(shè) 施及批文開支, 以及一切有關(guān)稅項征費。