Brief: KWG Group Announces Disposal Of 50% Equity Interest In Ningbo Meirui
10/01/2024 24:41
Jan 10 (Reuters) - KWG Group Holdings Ltd 1813.HK :
* DISPOSAL OF 50% EQUITY INTEREST IN NINGBO MEIRUI
* COMPANY WILL RECORD A LOSS OF APPROXIMATELY RMB166.5
MILLION
FROM DISPOSAL
* DEAL FOR RMB400 MILLION
* STAKE SALE TO NINGBO MEISHAN BONDED PORT AREA YONGFENG
REAL
ESTATE DEVELOPMENT BY UNIT
Further company coverage: 1813.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on KWG group
See all newsBrief: KWG Group Enters RSA With Creditors Representing Over 26.1% Of In-Scope Debt On June 15
Brief: KWG Group To Sell Joint Venture Interest For RMB160 Million
Brief: KWG Group Posts April Pre-Sales Value Of RMB428 MLN
Brief: KWG Group Posts March Pre-Sales Value
Brief: Kwg Group FY Revenue Rmb6.76 Billion