Sept 14 (Reuters) - Ferrowest Ltd FWL.AX :
* Entered into conditional acquisition agreements to acquire a 51% interest in the zigong guodun farmers market project
* Says total acquisition price for the 51% interest in sfp is 9.28 million Chinese yuan
* Total cost of the project (including financing) is expected to be in the order of aud$20.0m
* Says construction of the project is expected to take around 18 months to complete
* Will also secure a 4.8 million cny receivable from sfp as part of the total assets purchased for the consideration
* Company's shares will remain in voluntary suspension as appropriate until the future business direction of the company is determined
* There is a cash penalty of 20% of the consideration that applies to each party to the acquisition agreements
* Says Chengdu yaopeng receives no payment or other benefit from the company for holding the company's interest
* Source text for Eikon ID:nASX3wZF7G