Brief: Modern Land (China) Says Suzhou Modern Agreed To Transfer Its 51% Stake In Lvheng Moma To Feidong Binfeng

Modern Land (China)

08/04/2022 15:47

April 8 (Reuters) - Modern Land (China):
    * SUZHOU MODERN AGREED TO TRANSFER ITS 51% STAKE IN LVHENG
MOMA TO
FEIDONG BINFENG
    * HEFEI MUBIN AGREED TO TRANSFER ITS 100% STAKE IN HEFEI
ZHANLAN
TO FEIDONG BINFENG
    * DEAL FOR A TOTAL CONSIDERATION OF RMB40 MILLION
    * UPON COMPLETION OF DEAL, LVHENG MOMA AND HEFEI ZHANLAN
WILL
CEASE TO BE UNITS OF CO

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