Brief: Hebei Construction Group Enters Equity Swap & Transfer Deal
17/05/2019 16:02
May 17 (Reuters) - Hebei Construction Group Corp Ltd
1727.HK :
* COMPANY, BAODING ZHONGCHENG, ZHONGMING ZHIYE AND QIANQIU
MANAGEMENT ENTERED INTO EQUITY SWAP AND TRANSFER AGREEMENT
* CO PROPOSED TO SWAP DISPOSAL SUBJECT HELD BY IT WITH
ACQUISITION
SUBJECT HELD BY ZHONGMING ZHIYE
* BAODING ZHONGCHENG PROPOSED TO TRANSFER 10% SHARES IN
ZHONGCHENG
REAL ESTATE HELD BY IT TO QIANQIU MANAGEMENT
Source text for Eikon: urn:newsml:reuters.com:*:nHKS4q72hH
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