Brief: Redsun Services Announces Acquisition Of 49% Stake In Chuzhou Yurun
05/11/2021 14:47
Nov 5 (Reuters) - Redsun Services Group Ltd 1971.HK :
* ANNOUNCES ACQUISITION OF 49% STAKE IN CHUZHOU YURUN
* ANNOUNCES TRANSACTION ON DISPOSAL OF 51% EQUITY INTEREST
IN
NANJING YADONG
* CONSIDERATION FOR ACQUISITION SHALL BE RMB34.3 MILLION
* NANJING HONG LIFE INVESTMENT MANAGEMENT TO SELL 51% STAKE
IN
NANJING YADONG FOR RMB23 MILLION
Source text for Eikon: ID:nHKS1j29Kg
Further company coverage: 1971.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Redsun Services
See all newsChina's Redsun Services H1 profit drops amid weakness in real estate sector
Brief: Redsun Services Says All Resolutions Purportedly Passed At Adjourned EGM On 28 May
Brief: Redsun Services Identifies Severe Procedural Defects In EGM Proceedings
Brief: Redsun Services Sees Net Loss Attributable For Year
Brief: Redsun Services Expects Net Loss Of RMB32 Million-RMB36 Million For FY2025