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Brief: Shanghai Zendai Property enters into sale and purchase agreement

Jan 25 (Reuters) - Shanghai Zendai Property Ltd  0755.HK : 
    * Company and Zendai Real Estate and purchaser entered into 
sale and purchase agreement 
    * Purchaser is Xinle Real Estate Group 
    * Transaction in relation to disposal of equity interests in 
subsidiaries and sale loans 
    * Deal for HK$813.89 million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbf1p4d 
Further company coverage:  0755.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com))

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