Brief: Coastal Greenland Agrees To Sell 66.67% Stake In Zhuhai Coastal Greenland Real Estate
23/12/2022 14:43
Dec 23 (Reuters) - Coastal Greenland Ltd 1124.HK :
* ON 2 DEC, CO AGREED TO SELL 66.67% STAKE IN ZHUHAI COASTAL
GREENLAND REAL ESTATE CO LTD FOR RMB120 MILLION
* AGGREGATE CONSIDERATION INCLUDING MONEY OWED BY ZHUHAI
COASTAL
TO CO IS RMB880 MILLION
* APPLICATION HAS BEEN MADE TO STOCK EXCHANGE FOR RESUMPTION
OF
TRADING IN SHARES FROM 9 A.M. ON 28 DEC
Source text for Eikon: ID:nHKS3Gp5Nq
Further company coverage: 1124.HK
((Reuters.Briefs@thomsonreuters.com;))
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