Group 1 - The company, New City Construction Development (00456.HK), announced that its subsidiary, Guangzhou Changliu, has had its investment property in Guangzhou included in a government public land requisition plan, leading to the termination of its lease agreement with Guangdong Changna [1] - Guangdong Changna, as the main tenant, has requested to participate in the aftermath of this situation, resulting in a settlement agreement where Guangzhou Changliu must pay a compensation of RMB 180 million to Guangdong Changna and its partners [1] - The company is currently assessing the impact of this compensation on its operations and negotiating payment arrangements with Guangdong Changna and its partners [2] Group 2 - To protect its interests, the company's board has decided to issue a one-year note with an annual interest rate of 4% to Guangdong Changna and its partners [2] - The board has instructed compliance with relevant laws and regulations in Hong Kong and mainland China regarding the completion of the note, aiming to reach a consensus that will help Guangzhou Changliu expedite the resolution of the land requisition compensation with the government [2]
新城市建设发展(00456.HK):畅流工业园的投资物业被政府纳入统一的公益性征地范围 相关租赁协议被迫终止