Brief: ESR Group Announces Disposal Of Properties To China Renminbi Income Fund

ESR

27/11/2023 15:08

Nov 27 (Reuters) - ESR Group Ltd  1821.HK :
    * DISCLOSEABLE TRANSACTION IN RELATION TO DISPOSAL OF
PROPERTIES
TO CHINA RENMINBI INCOME FUND
    * GROUP ENTERED INTO EQUITY TRANSFER AGREEMENTS WITH XUZHOU
YIZHIRONG LOGISTICS, AMONG OTHERS
    * AGREEMENTS ON TRANSFER OF ENTIRE STAKE IN XUZHOU GCL CLOUD
WAREHOUSE LOGISTICS TECHNOLOGY DEVELOPMENT, AMONG OTHERS
    * A GAIN ON DISPOSAL OF RMB337.6 MILLION IS EXPECTED IN
CONNECTION
WITH THE DISPOSALS

Source text for Eikon:  ID:nHKS7kpFMD 
Further company coverage:  1821.HK 

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