Brief: Coastal Greenland entered into disposal agreement for RMB3.59 bln
28/12/2016 14:55
Dec 28 (Reuters) - Coastal Greenland Ltd 1124.HK
* Vendor, target llp, purchaser, company and Yuzhou
Properties, entered into disposal agreement on 16 dec
* Purchaser agreed to purchase entire equity interest in
target llp at a total consideration of about rmb3.59 billion
* Vendor is Coastal Greenland Development (Wuhan), purchaser
is Shanghai Fengzhou Property & Target Llp Kunshan Fuzhi Dingxin
Equity Investment Enterprise
* Application has been made to stock exchange for resumption
of trading in shares on 29 december 2016
Source text for Eikon: ID:nHKS79HKB
Further company coverage: 1124.HK
((Bangalore.newsroom@thomsonreuters.com;))
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