Vibrant Group: Acquires A 8.89 Hectares High Tech Industrial Park - TopicsExpress

Vibrant Group: Acquires A 8.89 Hectares High Tech Industrial Park Development Site In Changshu For RMB28.8 Million. 20 Mar 2014 10:03 Vibrant Group Limiteds 50:50 joint venture company, Fervent Industrial Development (Suzhou) Co., Ltd, through its 60%-owned subsidiary company, Vibrant Properties Pte. Ltd., has acquired a 88,917 square metre, approximately 8.89 hectares, prime High Tech Industrial Park development site with a total estimated gross floor area of approximately 67,405.04 sqm in Changshu High Tech Industrial Park, CEDZ, Jiangsu for RMB 28,849,120 or an average purchase price of RMB 324.45 per sqm in a public land auction. The Group has an effective 30% shareholding interest in this project... shareinvestor/news/news.html?source=sg_si_express&nid=81121

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