Brief: Greentown Management Says Unit To Buy 60% Stake In Zhejiang Shangli Construction Management Co
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
Source text for Eikon: ID:nHKScdlBPS
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((Reuters.Briefs@thomsonreuters.com;))