Brief: Joy City Property Announces Substantial Disposal

Joy City Property

27/09/2023 16:45

Sept 27 (Reuters) - Joy City Property Ltd  0207.HK :
    * VERY SUBSTANTIAL DISPOSAL- RELATING TO SALE OF ENTIRE
EQUITY
INTEREST- OF TARGET COMPANY- HOLDING PROPERTIES IN SHANGHAI
    * DEAL FOR CONSIDERATION OF RMB4.14 BILLION
    * UNIT  TO SELL ENTIRE EQUITY INTEREST OF SHANGHAI TOP GLORY
REAL
ESTATE DEVELOPMENT
    * SEES NET GAIN ON DISPOSAL OF APPROXIMATELY RMB279.9
MILLION


Further company coverage:  0207.HK 

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