According to the Zhitong Finance App, C&D International Group (01908.HK) announced that the project company successfully competed for land use rights for the project plot on June 24, 2026, at a total cost of RMB 2,056 billion. On July 17, 2026, MediaTek and Yiyue entered into a cooperation agreement. According to this, the contracting parties agreed to develop and build residential and/or commercial projects on the project site through the project company. Yiyue (a wholly-owned subsidiary of the company) and MediaTek Group respectively own 49% and 51% of the rights in the project company. The estimated capital commitment amount payable by Yiyue to the project company is RMB 1,195 billion.
Zhitongcaijing · 1d ago
Share
Listen to the news
According to the Zhitong Finance App, C&D International Group (01908.HK) announced that the project company successfully competed for land use rights for the project plot on June 24, 2026, at a total cost of RMB 2,056 billion. On July 17, 2026, MediaTek and Yiyue entered into a cooperation agreement. According to this, the contracting parties agreed to develop and build residential and/or commercial projects on the project site through the project company. Yiyue (a wholly-owned subsidiary of the company) and MediaTek Group respectively own 49% and 51% of the rights in the project company. The estimated capital commitment amount payable by Yiyue to the project company is RMB 1,195 billion.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending