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Brief: China New City Commercial Development updates on equity transfer agreement

Aug 22 (Reuters) - China New City Commercial Development Ltd 
 1321.HK  
    * Zhong An Shenglong entered into equity transfer agreement 
with Hangzhou Oriental 
    * Zhong An Shenglong to acquire 19.85% of entire equity 
interests in Zhejiang Xinnongdou from Hangzhou Oriental 
    * Deal for consideration for RMB327 million 
 
Source text for Eikon:  ID:nHKS2NqwwD  
Further company coverage:  1321.HK  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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