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China Merchants Property buys Huizhou properties from TCL

Dec. 1, 2009 (China Knowledge) - China Merchants Property Development Co Ltd<000024><200024> on Nov. 27 announced that a Shenzhen-based subsidiary has inked a contract to buy a 50% stake in the Huizhou subsidiary of TCL Corp<000100> for RMB 4.9 million, sources reported. The Huizhou firm has a mixed-use piece of land in Jiangbei District of the city. The 37,759-square meter par

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