Brief: Greentown Management Says Unit To Buy 60% Stake In Zhejiang Shangli Construction Management Co

Greentown Management Holdings

11/01/2022 01:02

Jan 11 (Reuters) - Greentown Management Holdings Company Ltd
 9979.HK :
    * UNIT TO BUY 60% STAKE IN ZHEJIANG SHANGLI CONSTRUCTION
MANAGEMENT CO
    * CONSIDERATION PAYABLE BY UNIT UNDER DEAL IS A FIXED
CONSIDERATION OF RMB400 MILLION
    * CONSIDERATION PAYABLE BY UNIT UNDER IS ADJUSTED
INCREMENTAL
CONSIDERATION DETERMINED ACCORDING TO SERVICE FEE RECEIVABLE

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