Agile Group (3383.HK) bought three plots of land in Hainan province for a total of 140 million yuan, reports yicai.com, citing a company filing. The tracts, which occupy 187,000 square meters for a total construction area of 56,100 square meters, will be developed into a recreational vacation spot.

Before the purchase, the group had three projects in Hainan where it had a total land reserve of 9.76 million square meters. 
  

SOURCE: www.capitalvue.com
 

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