Brief: Guangdong Land Says Unit To Buy 51% Of Jiangmen Yuehai
30/10/2020 01:50
Oct 30 (Reuters) - Guangdong Land Holdings Ltd 0124.HK :
* UNIT TO BUY FROM YUEGANG INVESTMENT 51% OF JIANGMEN YUEHAI
* UNIT HAS CONDITIONALLY AGREED TO PURCHASE HUIZHOU SALE
EQUITY
FOR AGGREGATE CONSIDERATION OF RMB273.8 MILLION
* JIANGMEN SALE EQUITY FOR RMB648.2 MILLION
* UNIT TO ALSO BUY JIANGMEN SALE LOAN FOR RMB306 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS7X1Bxf
Further company coverage: 0124.HK
(Reuters.Briefs@thomsonreuters.com)
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