Brief: Hailan Holdings Announces Three Equity Transfer Agreements

Hailan Holdings

08/07/2021 24:46

July 8 (Reuters) - Hailan Holdings Ltd  2278.HK :
    * SANYA ZHONGZEKAI , HUNAN JINZHONG , DANZHOU SHUANGLIAN AND
HAINAN SHIYE GUANGZHOU ENTERED INTO FIRST EQUITY TRANSFER
AGREEMENT
    * SANYA ZHONGZEKAI TO BUY 15% STAKE IN DANZHOU HAILAN
JINHONG
PROPERTY DEVELOPMENT CO FROM HUNAN JINZHONG
    * DEAL FOR CONSIDERATION OF RMB93.1 MILLION
    * HAINAN SHIYE GUANGZHOU AND ZHONGTOU ZHIYE ENTERED INTO
SECOND
EQUITY TRANSFER AGREEMENT
    * HAINAN SHIYE GUANGZHOU TO SELL 49% STAKE IN GUANGXI HAILAN
JINZHONG PROPERTY DEVELOPMENT CO TO ZHONGTOU ZHIYE
    * DEAL FOR SECOND EQUITY TRANSFER AGREEMENT RMB71.9 MILLION
    * HAINAN SHIYE GUANGZHOU AND ZHONGTOU ZHIYE ENTERED INTO
THIRD
EQUITY TRANSFER AGREEMENT
    * HAINAN SHIYE GUANGZHOU TO SLL 51% STAKE IN GUANGXI HAILAN
JINZHONG ZHIYE CO TO ZHONGTOU ZHIYE
    * DEAL FOR THIRD EQUITY TRANSFER AGREEMENT RMB97 MILLION

Source text for Eikon:  ID:nHKS5hH7lg 
Further company coverage:  2278.HK 

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