Brief: China Merchants Land's Unit Enters Capital Increase Deal With Excellence Dongguan & Anothet Party
Sept 3 (Reuters) - China Merchants Land Ltd 0978.HK :
* UNIT ENTERED CAPITAL INCREASE DEAL WITH EXCELLENCE
DONGGUAN &
GUANGZHOUYUESHANG REAL ESTATE DEVELOPMENT
* REGISTERED CAPITAL OF PROJECT COMPANY WILL BE INCREASED TO
RMB1
BILLION
* EXCELLENCE DONGGUAN & GUANGZHOU MERCHANTS PROPOSED TO MAKE
A
CAPITAL CONTRIBUTION WORTH RMB470 MILLION & RMB500 MILLION
Source text for Eikon: ID:nHKSbcYMGg
Further company coverage: 0978.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on China Merchants Land
See all newsBrief: China Merchants Land Unit Enters Equity Transfer Agreement With Wharf Estates (Guangzhou)
Brief: China Merchants Land Says Shenzhen Haichengjin To Buy 30% Equity Interest In Project Company
China state-owned firms, JD.com for JV to invest in Hong Kong border mega project
China Merchants Land H1 revenue falls on lower floor area completion
Brief: China Merchants Land Says Shenzhen Haiyuejin Agreed To Acquire 30% Stake In Xi’An Merchants Garden City Real Estate