HONG KONG, July 6 /Xinhau-PRNewswire-FirstCall/ -- Score One Inc. (BULLETIN BOARD: SREA) announced today that it is organizing a due diligence trip in mid-July for Shenyang Paliburg Plaza Limited ("SPPL"), a major real estate developer for the potential cooperation of the development of Dalian Fengming International Recreation Town Phase II ("Recreation Town"). This due diligence trip will include an on-site visit of the 1,000,000 square meters piece of undeveloped land for Recreation Town development as well as an in-depth analysis on the neighboring transportation network.
"We hope this upcoming due diligence visit will solidify our cooperation with SPPL," said by a delighted Ms. Hoi-ho Kiu, Chairman and CEO of Score One, Inc. "SPPL for sure is an expert in Dalian real estate development, and we truly believe our potential cooperation will bring together a win-win lucrative future for both of us."
About Shenyang Paliberg Plaza Limited
SPPL owns Shenyang Paliburg Plaza and Shenyang Grant Century Hotel located in Shenyang, the capital city of Dalian, PRC. Shenyang Paliburg Plaza is comprised of a 20-storey service apartment tower and a 20-storey 4-star hotel. Together with the 8-storey retail podium and 2-storey basement, the Shenyang Paliburg Plaza has a total gross floor area of approximately 96,000 square meters with a current valuation of over US$175 million.
About Score One Inc.
Score One Inc. is a comprehensive investment service group and the parent company of RC Capital Limited, a Hong Kong based corporation which business includes financial consultation, investment and financial planning, enterprise re-organization, public offering consultation, and direct investment. Recreation Town is a piece of undeveloped land located in the peninsula in Dalian, the PRC with a current market value exceeding $75 million.
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