Changsha Kunlun Energy Co., Ltd. agreed to acquire 19,375.11 sqm of land in Gao’an Village, Huanghua Town, Changsha County, Hunan from Hunan Investment Group Co., Ltd. for CNY 33.7 million.
January 19, 2017
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Changsha Kunlun Energy Co., Ltd. agreed to acquire 19,375.11 sqm of land in Gao’an Village, Huanghua Town, Changsha County, Hunan from Hunan Investment Group Co., Ltd. (SZSE:000548) for CNY 33.7 million on January 19, 2017. The transaction has been approved by Board of Hunan Investment Group Co., Ltd. and is not subject to approval of shareholders of Hunan Investment Group Co., Ltd.
Hunan Investment Group Co Ltd is a China-based company mainly engaged in the investment and development of urban complexes. The Company is also engaged in highway construction operations, asset management and property services and hotel investment operations. The urban complex investment and development business focuses on independent development and sales, and its business is mainly concentrated in residential real estate development, commercial real estate operations and other fields. The highway construction and operation is mainly engaged in expressway toll collection business. The asset management and property services rely on self-developed real estate projects and self-sustained commercial real estate to conduct business. The company conducts hotel investment and operations under the Junyi brand.
Changsha Kunlun Energy Co., Ltd. agreed to acquire 19,375.11 sqm of land in Gao’an Village, Huanghua Town, Changsha County, Hunan from Hunan Investment Group Co., Ltd. for CNY 33.7 million.