CNBM receives RMB300M compensation fees

Byswb

Updated Thu, 30 Dec 2010 00:00:00 GMT

China National Building Material(CNBM) has made an announcement in relation to the land transfer agreement entered into by parent company China National Building Material Group Corporation and Residential Construction Service Centre for Civil Servants of the Central Government Departments.

CNBM said that it has received all the compensation fees in the amount of RMB300 million due directly to it.