Brief: China Jinmao Acquires 56.67% Stake In Weididao For RMB1.3 Mln

China Jinmao Holdings

28/12/2023 12:22

Dec 28 (Reuters) - China Jinmao Holdings Group Ltd
 0817.HK :
    * ACQUISITION OF 56.67% EQUITY INTERESTS IN WEIDIDAO FOR
RMB1.3
MILLION
    * ACQUISITION OF 56.67% EQUITY INTERESTS IN WEIDIDAO
    * ACQUISITION OF 56.67% EQUITY INTERESTS IN WEIDIDAO AND-
JOINT
DEVELOPMENT OF HANGZHOU LAND PARCEL
    * WEIDIDAO WILL INCREASE ITS REGISTERED CAPITAL TO RMB2.3
MILLION
    * YUEMAO REAL ESTATE TO ACQUIRE PART OF CREDITOR'S RIGHTS OF
WEIDIDAO SHAREHOLDER'S LOAN IN PROPORTION TO ITS 56.67% STAKE
    * DEAL TO ACQUIRE PART OF CREDITOR'S RIGHTS  AMOUNTING TO
RMB500.21 MILLION

Further company coverage:  0817.HK 

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