Brief: China New Town Development Updates On Proposed Transfer Of Certain Shares Of Co By Controlling Shareholder
17/03/2021 15:20
March 17 (Reuters) - China New Town Development Co Ltd
1278.HK :
* UPDATES ON PROPOSED TRANSFER OF CERTAIN SHARES OF CO BY
CONTROLLING SHAREHOLDER
* NOTIFIED BY CONTROLLING SHAREHOLDER THAT MINISTRY OF
FINANCE
AGREED IN PRINCIPLE TO ITS PUBLIC SOLICITATION FOR TRANSFER
* UNDER AGREEMENT, 2.92 BILLION SHARES OF CO PROPOSED TO BE
TRANSFERRED
Source text for Eikon: ID:nHKS68XNsZ
Further company coverage: 1278.HK
((Reuters.Briefs@thomsonreuters.com;))
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