Brief: China International says unit entered into a sale and purchase agreement with Beijing Hongkunweiye Property Development
09/05/2017 10:44
May 9 (Reuters) - China International Holdings Ltd
CHNA.SI -
* Unit entered into a binding and conditional sale and
purchase agreement with beijing hongkunweiye property
development
* Deal for consideration of rmb27 million
* Agreement in relation to disposal of 5% of its equity and
debt interests in Beijing Kaiyuan Wanjia Management Consulting
* Net proceeds from proposed disposal, after deducting all
costs and expenses are estimated to be about rmb24.65 million
* Gain from proposed disposal is estimated to be rmb3.02
million having taken into account estimated incidental costs
Source text for Eikon: ID:nSN9t2SZc
Further company coverage: CHNA.SI
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