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298 - Chuang's China Investments News Story

HK$0.45 0.0  1.1%

Last Trade - 9:08am

Sector
Financials
Size
Small Cap
Market Cap £97.9m
Enterprise Value £77.0m
Revenue £166.6m
Position in Universe 3302nd / 6086

BRIEF-Chuang's Consortium International Says FS Dongguan No. 6 To Buy All Shares Of Double Wealthy, Sale Loan

Thu 11th February, 2021 9:29am
Feb 11 (Reuters) - Chuang's Consortium International Ltd
 0367.HK :
    * FS DONGGUAN NO. 6 TO BUY ALL SHARES OF DOUBLE WEALTHY,
SALE LOAN
OF ABOUT HK$89.8 MILLION AS AT 30 SEPT 2020
    * CONSIDERATION TO BE RECEIVED BY CHUANG'S CHINA REALTY IS
ESTIMATED TO BE NOT MORE THAN ABOUT RMB1.56 BILLION
    * FIRST SPONSOR (GUANGDONG) GROUP, SHOUCHENG (DONGGUAN) REAL
ESTATE TO ACQUIRE ENTIRE SHARES OF KAI XIANG
    * CONSIDERATION TO BE RECEIVED BY GUANGZHOU HENG YANG
INVESTMENT
SERVICES ESTIMATED TO BE NOT MORE THAN RMB10.5 MILLION

Source text for Eikon:  ID:nHKS9KFwBn 
Further company coverage:  0298.HK  0367.HK 

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