A of 10 thousand divisions (000002) released announcement to say last night, as a result of Shanghai project of 7 treasure 53# fails all the time start working, the company plans to will plan to throw but return untapped 106 million yuan of capital convert other item.
The announcement last night weighs 10 thousand divisions, up to on December 31, 2007, "10 thousand divisions turn 2 " plan to throw 7 treasure of Shanghai in collect capital of 53 # plot still one hundred and six million one hundred and twenty thousand yuan are not used, devoted the others the collect capital of 5 projects already was used according to acceptance end.
As a result of Shanghai project of 7 treasure 53# fails all the time start working, the company plans to will plan to cast to this project untapped " 10 thousand divisions turn 2 " collect capital, modificatory investment spends a city to Shanghai the four seasons 2 period 3 areas project is used.
The data shows, project of plot of 7 treasure 53# , the project always covers an area of about 90 mus, anticipate future will become 7 treasure commerce of 300 thousand square metre encircles a center, wait for a reason as a result of orbit traffic construction, this one project did not star building tardy construction.
A of 10 thousand divisions can change debenture 1.99 billion yuan at issueing a RMB on September 24, 2004, financing amount plans to throw 7 treasure of project of road of Shanghai new dragon, Shanghai to press down the project such as 53# plot.
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7 treasure project fails start working 10 thousand divisions 106 million collect
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