Brief: Kaisa Prosperity Says Shenzhen Chunyu Information Consulting Entered Agreement With Unit In Relation To Capital Injection

Kaisa Prosperity Holdings

06/03/2020 09:07

March 6 (Reuters) - Kaisa Prosperity Holdings Ltd  2168.HK :
    * SHENZHEN CHUNYU INFORMATION CONSULTING ENTERED AGREEMENT
WITH
UNIT REGARDING CAPITAL INJECTION OF RMB8.327 MILLION TO UNIT
    * FOLLOWING COMPLETION, STAKE IN UNIT HELD BY CO WILL
DECREASE
FROM ABOUT 92.26% TO ABOUT 45.20%
    * DEEMED GAIN FROM CAPITAL INJECTION FOR GROUP EXPECTED TO
BE
ABOUT RMB5.6 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbqS94S
Further company coverage:  2168.HK 

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