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127 — Chinese Estates Holdings News Story

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Evergrande's major shareholder Chinese Estates plans to go private

Oct 6 (Reuters) - Chinese Estates Holdings  0127.HK , a
major shareholder of embattled developer China Evergrande
 3333.HK , said on Wednesday it has proposed to be taken private
by Solar Bright Ltd for HK$1.91 billion ($245.30 million).
    

 (Reporting by Riya Sharma; Editing by Anil D'Silva)
 ((Riya.Sharma@thomsonreuters.com;))

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