China Vocational Education's (HKG:1756) affiliate Guangzhou Huali College won the bid for the land use rights of a piece of land in Jiangmen City, China, for a little over 83 million yuan, a Wednesday filing with the Hong Kong bourse said.
Huali College will enter into a formal contract with Jiangmen Bureau of Natural Resources regarding the purchase.
The land will be used for the construction of a campus of Huali College in Jiangmen City.
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