Brief: China Jinmao Announces Acquisition Of 51% Stake In Xinmao Real Estate

China Jinmao Holdings

24/11/2023 11:26

Nov 24 (Reuters) - China Jinmao Holdings Group Ltd
 0817.HK :
    * ACQUISITION OF 51% EQUITY INTERESTS IN XINMAO REAL ESTATE
AND
JOINT DEVELOPMENT OF LAND PARCEL IN SUZHOU
    * UNIT  ENTERED COOPERATION DEAL WITH NANJING YAOFANG AND
XINMAO
REAL ESTATE
    * NANJING YAOFANG ESTABLISHED XINMAO REAL ESTATE, AND
SUBSCRIBED
FOR, BUT HAS NOT PAID UP, REGISTERED CAPITAL OF RMB3,690 MILLION
    * AGREEMENT IN RELATION TO COOPERATION FOR DEVELOPMENT OF
LAND
PARCEL LOCATED AT SOUTH OF ZHUYUAN ROAD GREENLAND


Further company coverage:  0817.HK 

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