Brief: KWG Group Says Disposal Of 50% Stake In Suzhou Jinyu And 51% Stake In Suzhou Zhuoyu

KWG group

15/08/2023 16:12

Aug 15 (Reuters) - KWG Group  1813.HK :
    * DISPOSAL OF 50% EQUITY INTEREST IN SUZHOU JINYU AND 51%
EQUITY
INTEREST IN SUZHOU ZHUOYU
    * DISPOSAL OF STAKE IN SUZHOU JINYU FOR RMB517.4 MILLION
    * CO WILL RECORD A GAIN OF RMB2 MILLION FROM DISPOSAL
    * SUZHOU SHANGYU REAL ESTATE DEVELOPMENT TO SELL 51% STAKE
IN
SUZHOU ZHUOYU REAL ESTATE DEVELOPMENT AT CONSIDERATION OF RMB378
MLN 

Further company coverage:  1813.HK 

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