Sunday, January 23, 2011

Kaisa 672 million acquisition of Zhejiang Wufeng home

 Good Henderson Group, said the acquisition will allow the Group to further diversify its geographical coverage, and participation and strengthen China's Zhejiang Province, Hangzhou, real estate development business, you can allow the Group to expand their territory in Hangzhou.

(This article Source: NetEase Finance)
Kaisa owners want to focus on real estate development in the PRD.


bulletin describes the acquisition, including Zhejiang Wufeng 100% equity, cost 156 million yuan, Wu Feng, Zhejiang, Shenzhen Branch Extension building owed 500 million yuan of loans and other outstanding Zhejiang Wufeng third-party fare 16 million yuan.

information, Zhejiang Wufeng registered capital 100 million yuan, with the River Resort is located in Hangzhou, the residential land area of 39,000 square meters of land, planning the ground floor area of not more than 71,000 square meters .

NetEase Finance Jan. 19 hearing good Henderson Group Holdings Limited (1638.HK) 18 announced to be 672 million yuan (RMB) building's acquisition of Shenzhen Branch Extension Properties Limited, Zhejiang Wufeng .

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