Rich holding 80 million Australian dollars, the acquisition of 5 plots in Australia as a tourist resort

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Rich holding 80 million Australian dollars, the acquisition of 5 plots in Australia as a tourist resort

2017-05-26 11:35:27 463 ℃
The original cost of the above 5 land properties is approximately $65 million 928 thousand and 300 (book value), while the total land cost of the grand holding is $79 million 68 thousand and 300. Together with the acquisition of Target Corp shares, the total cost of holding a total of about 80 million 889 thousand and 900 Australian dollars.

Viewpoint real estate network:In May 26th, the announcement disclosed rich Holdings Limited, the company indirectly wholly-owned Affiliated Companies and Five Seasons VII Pty Ltd entered into a purchase and sale agreement, the company has agreed to comply with the conditions of the price (along with the acquisition of land property total cost) of $1 million 21 thousand and 600 (about 5 million 258 thousand and 600 yuan) to buy or sell shares.

The Target Corp is mainly engaged in asset management, rental agents and hotel operations. After the completion of the subscription, Target Corp will be a wholly owned and wholly owned Affiliated Companies.

The new media to understand the views of the real estate Target Corp, the end of 2016 net debt of $178 thousand and 400, $65 million 928 thousand and 300 par value of land property. The company currently has five plots.

Specifically, a wholly-owned Affiliated Companies holding indirect (A) and Five Seasons VII Pty Ltd (A Laguna a seller) land sale agreement, based on the conditions agreed to buy Laguna land property, price for 245 thousand Australian dollars (about 1 million 261 thousand and 100 yuan).

Rich holdings also acquired Snowy River land property from the seller's A, at a price of $1 million 350 thousand (about 6 million 949 thousand and 100 yuan); Whisper Bay land properties at a cost of $73 million 173 thousand and 300 (about 377 million yuan).

In addition, a holding from Five (B) Seasons VII Pty Ltd Altmann acquisition of land property, the total price of 2 million 100 thousand Australian dollars (about 10 million 809 thousand and 800 yuan); land acquisition of Shingley, the price of 2 million 200 thousand Australian dollars (about 11 million 324 thousand and 500 yuan).

According to statistics, the original cost of the above 5 land property is about 65 million 928 thousand and 300 Australian dollars (book value), while the total land cost of the grand holding is 79 million 68 thousand and 300 Australian dollars. Together with the acquisition of Target Corp shares, the total cost of holding a total of about 80 million 889 thousand and 900 Australian dollars.

A holding that the sale and purchase agreement and the reason is the further development of the land sale agreement to Australia Tourism and resort project, to expand its property development division of the territory to China except outside of different areas and jurisdictions.

According to the views of the real estate of new media, big holdings also announced the same day, providing management services to a number of overseas affiliates regarding the company and the seller Holdings Australia Management and Fullshare NCGA signed the termination agreement, the parties agreed to terminate the NCGA protocol and the NCGA agreement, to complete the transaction documents and self limited to date.