Brief: Jinke Property To Sell 22% Stake In Jinke Smart Services

Jinke Smart Services Co

16/12/2021 11:47

Dec 16 (Reuters) - Jinke Property Group Co Ltd  000656.SZ :
    * SAYS BOYU CAPITAL AGREES TO INVEST IN ITS UNIT JINKE SMART
SERVICES GROUP CO LTD  9666.HK 
    * SAYS IT AGREES TO SELL 143.6 MILLION H-SHARES, OR 22.0%
STAKE,
IN JINKE SMART SERVICES TO BOYU CAPITAL'S AFFILIATE BROAD GONGGA
INVESTMENT PTE LTD
    * SAYS THE TRANSACTION AMOUNT IS HK$3.7 BILLION  ($474.23
million)
    * SAYS IT WILL OWN 30.3% STAKE IN JINKE SMART SERVICES AS
CONTROLLING SHAREHOLDER AFTER THE TRANSACTION

Source text http://www.cninfo.com.cn/new/disclosure/detail?stockCode=000656&announcementId=1211933754&orgId=gssz0000656&announcementTime=2021-12-17
Further company coverage:  000656.SZ 

($1 = 7.8021 Hong Kong dollars)

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-39525805;))