Brief: Guangzhou R&F Properties Announces Transfer Of Credit Rights For RMB564.6 Mln
Jan 6 (Reuters) - Guangzhou R&F Properties Co Ltd
2777.HK :
* REFERS TO PROPOSED DISPOSAL OF CERTAIN PROPERTIES BY GROUP
TO
KINETIC DEVELOPMENT GROUP
* TO TRANSFER TO KINETIC QINHUANGDAO CREDITOR'S RIGHTS HELD
AGAINST QINHUANGDAO JIFU PROPERTIES FOR RMB564.6 MILLION
* AS AT JAN 6, KINETIC DEVELOPMENT GROUP HAS MADE A PARTIAL
PAYMENT OF RMB564.6 MILLION UNDER AGREEMENT
Further company coverage: 2777.HK
((Reuters.Briefs@thomsonreuters.com;))
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