Brief: Xiamen Xinde Agrees To Buy Shares In Zhengtong Auto Services For HK$1.4 Bln

China Zhengtong Auto Services Holdings

20/10/2020 01:33

Oct 20 (Reuters) - Xiamen Xinde Co Ltd  000701.SZ :
    * SAYS IT SIGNS AGREEMENT TO BUY 806.5 MILLION SHARES IN
CHINA
ZHENGTONG AUTO SERVICES FOR ABOUT HK$1.4 BILLION  ($180.65
million)
    * SAYS THE SHARES CARRYING 29.9% OF VOTING RIGHTS OF CHINA
ZHENGTON'S TOTALISSUED SHARES

Source text in Chinese: https://bit.ly/35gO1po
Further company coverage:  000701.SZ  1728.HK 

($1 = 7.7500 Hong Kong dollars)

 (Reporting by Hong Kong newsroom)
 ((twinnie.siu@tr.com; 852-3462 7715;))