Brief: China Tangshang To Buy Topper Genius Investments For HK$196.9 Mln

China Tangshang Holdings

09/04/2020 16:10

April 9 (Reuters) - China Tangshang Holdings Ltd  0674.HK :
    * TO BUY 100% OF ISSUED SHARE CAPITAL OF TOPPER GENIUS
INVESTMENTS
FOR  HK$196.9 MILLION
    * UPON COMPLETION OF ACQUISITION, CO WILL INDIRECTLY WHOLLY
HOLD
35% STAKE IN DONGGUAN HUACHUANGWEN LAND
    * REGISTERED CAPITAL OF PROJECT CO SHALL BE RMB10 MILLION
    * EXPECTED THAT ABOUT RMB300 MILLION WILL BE REQUIRED BY
PROJECT
CO FOR DEVELOPMENT PROJECT OF DONGGUAN LAND

Source text for Eikon:  ID:nHKS8wZhC 
Further company coverage:  0674.HK 

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