Brief: New Sports Group Says To Buy 51% Equity Interest In Hunan Meilian Property Co Ltd

Glory Sun Land

26/04/2018 23:54

April 27 (Reuters) - New Sports Group Ltd  0299.HK :
    * TO ACQUIRE 51% EQUITY INTEREST IN HUNAN MEILIAN PROPERTY
COMPANY
LIMITED
    * SBIL TO PAY TOTAL CONSIDERATION IN LUMP SUM OF RMB200
MILLION
    * HUNAN MEILIAN PROPERTY TO UP ITS REGISTERED CAPITAL FROM
RMB80
MILLION TO RMB163.3 MILLION  WITH ADDITIONAL RMB83.3 MILLION
CONTRIBUTED BY UNIT SBIL

Source text for Eikon:  ID:nHKS7kxnRr 
Further company coverage:  0299.HK 

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