Minmetals Land Limited Terminates Tenancy Agreement with Brightway Asset

Minmetals Land Limited ( (HK:0230) ) has provided an update.

Minmetals Land Limited has announced the termination of a Tenancy Agreement through a Surrender Agreement between its subsidiary Texion and Brightway Asset, a connected entity. The agreement, which was reached after mutual negotiations, allows Brightway Asset to vacate the premises due to business adjustments. The directors of Minmetals Land Limited have deemed the terms of the Surrender Agreement fair and beneficial for the company and its shareholders.

More about Minmetals Land Limited

Minmetals Land Limited is primarily involved in real estate development, specialized construction, and property investment. The company operates under the umbrella of China Minmetals, a state-owned enterprise engaged in metals and minerals exploration, mining, smelting, processing, trading, finance, real estate, and mining and metallurgic technology.

YTD Price Performance: 15.00%

Average Trading Volume: 1,337

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €177.7M

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