Shang­hai business buys Aussie re­sort

China Daily (USA) - - BUSINESS -

Shang­hai-based China Cap­i­tal In­vest­ment Group has bought an is­land re­sort at the heart of the Great Bar­rier Reef in Queens­land, Aus­tralia for about A$25 mil­lion ($19.21 mil­lion). The SouthMolle is­land re­sort in Whit­sun­days had been put up for sale by owner Craig Ross in April, Fair­fax­Me­dia re­ported onWed­nes­day. “The sale in­cludes a 12 hectares’ de­vel­opable beach­front land, in­clud­ing a frontage of more than 600 me­ters of one of the only shel­tered north-fac­ing white sand beaches in the re­gion and a se­cluded 15-hectare par­cel in the mid­dle of the is­land, sur­rounded by na­tional park,” the re­port said. stock trad­ing board. The Na­tional Eq­ui­ties Ex­change and Quo­ta­tions sys­tem has ap­proved the list­ing of Dongli­weilai Tech, which makes sock­ets and other con­nected home ap­pli­ances for Xiaomi, the com­pany said at a me­dia brief­ing in Bei­jing. Xiaomi de­clined to dis­close any de­tails of its in­vest­ment in the ap­pli­ance maker. 2010 and April 15 this year, ac­cord­ing to theMin­istry of Land, In­fra­struc­ture and Transport. A weld­ing de­fect was found on latches for baby seats of the mod­els, it said. kro­ner for the same pe­riod last year.

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