
Rui housing means, net of related cost of sales, corporate income tax and land tax and other fees, the disposal is expected to bring net income for the company about $ 160 million. The gross proceeds of sale of 690 million, will be used as the Group's general working capital and the further development of the KIC project purposes. ...Shui On Land to sell 730 million commercial buildings to ICBC Shanghai, expected profit 160 million yuan
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