Brief: Powerlong Commercial Management Announces Acquisition Of About 8.3% Stake In Shanghai Yueshang
27/05/2021 16:26
May 27 (Reuters) - Powerlong Commercial Management Holdings
Ltd 9909.HK :
* ANNOUNCES ACQUISITION OF ABOUT 8.3% STAKE IN SHANGHAI
YUESHANG
* SHENZHEN TENCENT TO MAKE A CAPITAL CONTRIBUTION OF RMB50
MILLION
TO SHANGHAI YUESHANG
* SHANGHAI JIASHANG TO MAKE CAPITAL CONTRIBUTION OF RMB50
MILLION
TO SHANGHAI YUESHANG
Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0527/2021052701616.pdf
Further company coverage: 9909.HK
((Reuters.Briefs@thomsonreuters.com;))
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