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925 Beijing Properties (Holdings) News Story

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Brief: Beijing Properties updates on unit's acquisition of equity interest in two companies

Nov 17 (Reuters) - Beijing Properties Holdings Ltd  0925.HK : 
* Ocean Lord entered into the agreement A with vendors A 
* Agreement A at an initial consideration of approximately RMB172.92 million 
* Says Speedy Treasure has conditionally agreed to purchase the sale capital B for RMB122.83 million 
* Group will settle the consideration for the acquisition A by its internal resources 
* Speedy treasure entered into agreement B with vendors B 
* Agreement B for initial consideration of approximately RMB122.83 million 
 
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