Shenzhen and Hua Li Garden

PUBLISHED : Thursday, 25 August, 1994, 12:00am
UPDATED : Thursday, 25 August, 1994, 12:00am

DIRECTORS of Shenzhen International Holdings say the company is not involved in the development of Hua Li Garden other than a joint management committee being set up to supervise the construction.

Following newspaper reports yesterday, the directors also said that the company was presently negotiating the terms and conditions of investing in a large construction quarry plant and developing a commercial complex in Shenzhen city and had not entered into any agreement or letter of intent with anyone.