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3900 — Greentown China Holdings News Story

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Brief: Greentown China Says Transaction Acquisition Of Interests In Project Companies

Aug 15 (Reuters) - Greentown China Holdings Ltd
 3900.HK :
    * DISCLOSEABLE TRANSACTION ACQUISITION OF INTERESTS IN
PROJECT
COMPANIES IN HANGZHOU AND SUZHOU
    * UNIT AGREED TO ACQUIRE 50% EQUITY INTEREST IN HANGZHOU
ZHIYAN
INVESTMENT CO
    * - DEAL FOR RMB1,177 MILLION
    * HANGZHOU ZHIYAN INVESTMENT CO WILL BECOME A
NON-WHOLLY-OWNED
SUBSIDIARY OF CO

Source text for Eikon:  ID:nHKS6MrYsJ 
Further company coverage:  3900.HK 

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

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