Brief: Powerlong Commercial Management Says Shanghai Yulong To Acquire 60% Stake In Zhejiang Xinghui Commercial Management
06/07/2020 02:32
July 6 (Reuters) - Powerlong Commercial Management Holdings
Ltd 9909.HK :
* POWERLONG COMMERCIAL MANAGEMENT-SHANGHAI YULONG TO ACQUIRE
60%
STAKE IN ZHEJIANG XINGHUI COMMERCIAL MANAGEMENT
* POWERLONG COMMERCIAL MANAGEMENT- TRANSFER OF EQUITY
INTERESTS IN
TARGET CO AMOUNTS TO RMB21.6 MILLION
* POWERLONG COMMERCIAL MANAGEMENT-CAPITAL INVESTMENT AMOUNTS
TO
RMB19 MILLION TO BE PAID BY SHANGHAI YULONG TO TARGET CO
Source text for Eikon: ID:nHKSbv3cW3
Further company coverage: 9909.HK
((Reuters.Briefs@thomsonreuters.com;))
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