Brief: Central China Real Estate Enters Share Transfer Agreements For Asset Sale
23/07/2026 11:34
BRIEF-Central China Real Estate Enters Share Transfer Agreements For Asset Sale July 23 (Reuters) - Central China Real Estate Ltd 0832.HK:
ENTERS SHARE TRANSFER AGREEMENTS FOR RMB3,000 MILLION ASSET SALE
PURCHASERS PAY RMB78 MILLION DEPOSIT TOWARD CONSIDERATION
TO CEASE INTEREST IN TARGET COMPANIES AND TARGET ASSETS AFTER DEAL
EXPECTS TO RECOGNISE LOSS OF APPROXIMATELY RMB1,216 MILLION UPON COMPLETION OF TRANSACTION
TARGET ASSETS REFER TO LAND OF DRAMAS ASSETS AND MOVIE TOWN PROJECT ASSETS, OTHERS
Further company coverage: 0832.HK
((Reuters.Briefs@thomsonreuters.com;))
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