Brief: Jy Grandmark Says Unit To Sell 50% Stake In Guangzhou Jinshuo Real Estate Development
01/09/2022 13:42
Sept 1 (Reuters) - JY Grandmark Holdings Ltd 2231.HK :
* UNIT HAS CONDITIONALLY AGREED TO SELL 50% STAKE IN
GUANGZHOU
JINSHUO REAL ESTATE DEVELOPMENT
* 50% STAKE IN GUANGZHOU JINSHUO REAL ESTATE DEVELOPMENT FOR
MAXIMUM CONSIDERATION OF ABOUT RMB38.43 MILLION
* GEMDALE REAL ESTATE DEVELOPMENT CONSTRUCTION (HENGQIN) TO
ACCQUIRE A LOAN OF RMB252.84 MILLION
Source text for Eikon: ID:nHKS7PSFch
Further company coverage: 2231.HK
((Reuters.Briefs@thomsonreuters.com;))
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