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Shui On Land Revises Compensation Terms for Two Foshan Land Parcels

PUBT·10/23/2026 10:46:25
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Shui On Land Revises Compensation Terms for Two Foshan Land Parcels
  • Shui On Land agreed on October 23, 2026, to revise compensation for the surrender of two undeveloped land parcels in Foshan.
  • Land No.7 compensation was revised to RMB 800 million, requiring a refund of RMB 70 million previously received.
  • Compensation for Land No.8 will total RMB 635.69 million in addition to its eventual sale price.
  • The initial RMB 635.69 million payment is due within 90 days of signing; remaining payments will follow buyer installments within 60 days.
  • Net proceeds will fund outstanding debt repayments and general working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shui On Land Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261023-12381718), on October 23, 2026, and is solely responsible for the information contained therein.