BBMG subsidiary's three land parcels to be acquired by government for 1.948 billion yuan

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BBMG Corporation announced that its wholly-owned subsidiary Chongqing BBMG Dacheng Xinduhui Company Limited will sign an agreement with the Chongqing Nan'an District Land Reserve and Land Acquisition Affairs Center to acquire a total of 139,187 square meters of land across three parcels in the Xinduhui project located in Nan'an District, with a proposed acquisition price of 1.948 billion yuan.

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BBMG Corp Class A
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BBMG's subsidiary will receive 1.948 billion yuan from the government acquisition of three land parcels in its Xinduhui project.

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重庆金隅大成新都会有限公司i
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Chongqing BBMG Dacheng Xinduhui will sign an agreement to sell 139,187 sqm of land for 1.948 billion yuan.