Kerry construction has been identified as the main part of the selection stage of the Bund street plot project in Huangpu District, Shanghai.

News: 165438+ 10/2, Kerry Construction Co., Ltd. ann

Kerry construction has been identified as the main part of the selection stage of the Bund street plot project in Huangpu District, Shanghai.

News: 165438+ 10/2, Kerry Construction Co., Ltd. announced that on 2021165438+10/2, Zhuomiao Co., Ltd., a wholly-owned subsidiary of Kerry Construction Co., Ltd., has been identified as Bund Street 198- 1 200-3,064-01065-0 1 066-0 1 067 in Huangpu District. 072-0 1, 073-0 1 plot, Jiangxi South Road, Shandong South Road, Shengze Road and 070-02 underground space plot, and participate in the subsequent transfer of land use rights of related plots.

Kerry Construction said that the results of land use right transfer and the details of the project will be publicized by the relevant land management departments according to the arrangement of subsequent land use right transfer.

According to the announcement, at present, the relevant plots or projects have not yet signed a legally binding contract. If the relevant plots can be purchased, the transaction may constitute the company's main transaction, but it also belongs to the qualified real estate acquisition defined in Article 14.04( 10C) of the Listing Rules.

According to the announcement, the plot is located at Bund Street 198- 1, 200-3,064-01,065-0/,066-0 1, 067-0/in Huangpu District, Shanghai.

According to new media inquiries, some local media reported that the total relocation cost of the plot exceeded 20 billion yuan, and the estimated total investment scale was nearly 40 billion yuan.