Brief: Besunyen Holdings says unit entered into investment agreement
10/03/2017 14:44
March 10 (Reuters) - Besunyen Holdings Co Ltd 0926.HK
* Unit, sellers of Zhongshan Wanhan, sellers Of Zhongshan
Wanyuan, Zhongshan Wanhan and Zhongshan Wanyuan entered into
investment agreement
* Beijing Outsell to purchase and sellers of Zhongshan
Wanhan to sell 39.66% equity interest in Zhongshan Wanhan for a
total consideration of RMB77.1 million
* Beijing Outsell to make capital contribution in cash to
each of Zhongshan Wanhan and Zhongshan Wanyuan in total sum of
RMB60.6 million
* Upon completion of investment, beijing outsell will own
51% equity interest in each of Zhongshan Wanhan and Zhongshan
Wanyuan
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