"Land King" Company resumption of land-holding qualification
Source: Internet
Author: User
Great Dragon Real Estate (600159) 15th announcement, April 14 Beijing Land Resources Bureau website issued a notice, starting from April 12, 2011, the resumption of Beijing Great Dragon Real Estate Development Co., Ltd. Land market trading qualifications. Large Dragon Real Estate Development Co., Ltd., a holding subsidiary of Tai Lung Estate, was disqualified from trading in the land market, but also from the king of Shunyi District two years ago. November 20, 2009, Beijing Tai Long Real Estate Development Co., Ltd. through the auction, to 5.05 billion yuan Shunyi District after the Sha Yu Town, Tianzhu Development Zone, No. 22nd Residential Land use rights of state-owned construction. At that time, the real estate market in a depressed situation, Tai Lung real estate move is considered to be "entrusted to the city" suspicion. February 1, 2010 Beijing Municipal Bureau of Land and Resources issued a notice, decided to cancel the Big Dragon Real estate in Beijing Shunyi District, Tianzhu Development Zone, 22nd residential land to qualify, this is the first in 2009 years the king was withdrawn. The reason is that Tai Long company has not signed the land of the "state-owned construction use of the right to sell the contract" and "Development and construction compensation agreement", according to the relevant provisions of the auction documents, the Beijing Municipal Bureau of Land decided to cancel the competition qualification of Tai Long company, at the same time, for the Big Dragon Company has paid 200 million yuan bidding margin will not be refunded. Responsible Editor: NF045
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