Brief: Chen Xing Development says unit to buy Hainan Degao Investment

Chen Xing Development Holdings

18/04/2017 09:41

April 18 (Reuters) - Chen Xing Development Holdings Ltd 
 2286.HK  : 
    * Chen xing development holdings ltd - discloseable 
transaction in respect of acquisition of 100% equity interest in 
target company 
    * Deal for maximum consideration of rmb250 million 
    * Unit  entered into agreement with vendors 
    * Chen xing development - independent third parties, being 
vendors to agreement  to sell 100% equity interest in Hainan 
Degao Investment to co's unit 
 
Source text for Eikon:  ID:nHKS352y42  
Further company coverage:  2286.HK  
 
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