• Thu
  • Dec 18, 2014
  • Updated: 10:38am

DENWAY UNIT TO BUY GUANGZHOU LAND

PUBLISHED : Thursday, 12 December, 2002, 12:00am
UPDATED : Thursday, 12 December, 2002, 12:00am

The bus company subsidiary of Denway Motors will buy land and buildings in Guangzhou for 71.9 million yuan (about HK$67.37 million) from another subsidiary to use as a factory and sales centre. The company yesterday said its partly owned subsidiary, Guangzhou Denway Bus, would buy the property from Guangdong Province Bus Factory, a wholly owned subsidiary of Guangzhou Automobile, Denway's intermediate holding company.


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