Yamada: Has purchase non-matured eucalyptus plantations and forestry land use rights from 4 villagers' committees and several individuals in Zhangping City for Rmb131.7m ($27.1m). The property has remaining tenures from 32 to 43 years and a total land area of 20,936 mu. The eucalyptus plantations are expected to mature for harvesting from 2014.
The above transaction is not expected to have a material impact on grp’s EPS and NTA for grp’s FY12 June financial performance.
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