Bloomberg News

Tian Shan to Receive 236.6 Million Yuan for Vacant Block of Land

October 14, 2011

Oct. 14 (Bloomberg) -- Tian Shan Development (Holding) Ltd. said Shijiazhuang Land Bureau would pay 236.6 million yuan to buy back a block of land that the Hong Kong-listed company planned to build a residential and commercial project on.

The company gave no reason for the bureau’s decision to take back control of the land.

Link to Statement:{NSN LT223W3PR6RK <GO>}

To contact the editor responsible for this story: Ben Richardson at brichardson8@bloomberg.net


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