China Jinmao Holdings Group Limited (HK:0817) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
China Jinmao Holdings Group Limited has entered into a Project Development Entrusted Management Agreement with Sinochem Holdings to oversee the development of an office headquarters in Xiong’an New Area, Hebei Province. Jinmao Xiong’an, a subsidiary of China Jinmao, will provide comprehensive management services for the project, which covers planning, construction, and financial oversight. The service fee, calculated as a percentage of construction costs, is projected to reach up to RMB54,630,000.
For further insights into HK:0817 stock, check out TipRanks’ Stock Analysis page.