Brief: China Huarong Asset Management Updates On Huarong Xiangjiang Bank Equity Transfer
09/06/2022 13:42
June 9 (Reuters) - China Huarong Asset Management Co Ltd
2799.HK :
* UPDATES ON HUARONG XIANGJIANG BANK EQUITY TRANSFER
* ENTERED UNLISTED STATE-OWNED EQUITY TRANSACTION CONTRACT
OF
FINANCIAL ENTERPRISE WITH HUNAN CHASING & CENTRAL HUIJIN
* AGGREGATE CONSIDERATION OF TRANSFER IS RMB11.98 BILLION
* POST TRANSFER, CO WILL CEASE TO HAVE ANY INTEREST IN
HUARONG
XIANGJIANG BANK
* INTENDS TO TRANSFER ITS 40.53% EQUITY HELD IN HUARONG
XIANGJIANG BANK TO CONSORTIUM
Further company coverage: 2799.HK
((Reuters.Briefs@thomsonreuters.com;))
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