Are you asking, what happens if Vmoto decides mid-lease that it doesnt nee/want the lease anymore?
If so, the following would likely occur.
If Vmoto is not bankrupt, and simply doesnt want/need the land anymore, they will:
A) try to sell/transfer the lease to a new suitor.
B)if no suitor is available they can rent out the building.
C) if no one wants to rent the building they can just hold and re-assess at a later date.
D) if for some reason none of the above are suitable options they can break the lease. It's likely this would result in Vmoto having to pay some form of lease breaking fee.
Importantly, the payment made by VMT for the 40 year lease of the land has occured (its not ongoing). If they break the lease, they do not owe Chinese parties anything but legal/lease breaking fees (most likely). Therefore option D would be a bad business decision and is likely only to occur if VMT goes bankrupt... In that scenario, the liquidators would be the ones trying to recoup value for investors and parties by selling/transfering the lease to another buyer.
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---|---|---|
1 | 11384 | 12.0¢ |
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1 | 11384 | 0.120 |
9 | 202811 | 0.115 |
2 | 70000 | 0.110 |
2 | 58257 | 0.105 |
2 | 16500 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 90936 | 5 |
0.130 | 386570 | 2 |
0.135 | 94459 | 2 |
0.140 | 572189 | 3 |
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