Brief: Shanghai Industrial Urban Development's Unit To Sell 67% Of Hunan Qianshuiwan Xiangya Garden
April 9 (Reuters) - Shanghai Industrial Urban Development
Group Ltd 0563.HK :
* UNIT TO SELL 67% OF HUNAN QIANSHUIWAN XIANGYA GARDEN CO.,
LTD
FOR RMB637 MILLION
* EXPECTS NET PROCEEDS FROM DISPOSAL ABOUT RMB756.8 MILLION
* TAX GAIN OF RMB482.5 MILLION UPON COMPLETION OF
DISPOSAL
Source text for Eikon: ID:nHKS4xLxmp
Further company coverage: 0563.HK
((Reuters.Briefs@thomsonreuters.com;))
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