Brief: C&D International Investment Announces Acquisition Of 90% Stake Of Changsha Zhaoxiang

C&D International Investment

09/09/2021 16:07

Sept 9 (Reuters) - C&D International Investment Group Ltd
 1908.HK :
    * ANNOUNCES ACQUISITION OF 90% EQUITY INTERESTS OF CHANGSHA
ZHAOXIANG
    * XIAMEN YI YUE PROPERTY CO AND XIAMEN ZHAOYIRONG TO BUY 85%
AND
5% STAKE IN CHANGSHA ZHAOXIANG, RESPECTIVELY
    * YI YUE & XIAMEN ZHAOYIRONG TO REPAY LOAN OF ABOUT RMB808.9
MILLION ADVANCED BY C&D REAL ESTATE TO CHANGSHA ZHAOXIANG
    * SHANGHAI SHENGGAO & XIAMEN ZHAOYIRONG TO BUY 95% & 5%
STAKE IN
XIAMEN ZHAODINGLONG, RESPECTIVELY
    * SHANGHAI SHENGGAO & XIAMEN ZHAOYIRONG TO REPAY LOAN OF
RMB636.6
MILLION ADVANCED BY C&D REAL ESTATE TO XIAMEN ZHAODINGLONG

Source text for Eikon:  ID:nHKS9pk3F6 
Further company coverage:  1908.HK 

 ((Reuters.Briefs@thomsonreuters.com;))