Brief: Kerry Properties says units enter into framework agreement with parties

Kerry Properties

30/08/2016 09:34

Aug 30 (Reuters) - Kerry Properties Ltd  0683.HK : 
 
 * Discloseable transaction in relation to acquisition of capital interests in a 
limited partnership and indirect investment in Shanghai krupp  0683.HK  
 * Excellent Beijing and KP Beijing entered into the framework agreement with 
Fujian Sunshine and Lujiazui Investment 
 * Investment at a total consideration of RMB559.1 million 
 * Excellent Beijing shall make an additional capital contribution of 
rmb1.854billion 
 * Funding requirement is not expected to have any material impact on the group 
 * Source text for Eikon  ID:nHKS1pyD6L  
 
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