Brief: Shenyang Public Utility Holdings Says Unit To Buy 90 Pct Stake Of Guangdong Xinmao Biotechnology At RMB8.8 Mln

Shenyang Public Utility Holdings

16/11/2018 15:07

Nov 16 (Reuters) - Shenyang Public Utility Holdings Co Ltd
 0747.HK :
    * SHENZHEN TONG HE CHUANGJIAN INVESTMENT DEVELOPMENT CO TO
BUY 90%
STAKE OF GUANGDONG XINMAO BIOTECHNOLOGY CO AT RMB 8.8 MILLION
    * UNIT CONDITIONALLY AGREED TO BUY 90 PERCENT STAKE OF
CHAOZHOU
JIAFU PACKAGING MATERIALS FOR RMB3 MILLION
    * SHENZHEN TONG HE CHUANGJIAN INVESTMENT DEVELOPMENT CO TO
BUY 90%
STAKE FROM SHENZHEN ZHONGTOU CONSTRUCTION INVESTMENT CO
    * EXPECTED THAT UPON COMPLETION OF SHARE TRANSFER II, UNIT
TO
INVEST RMB34.9 MILLION TO CHAOZHOU JIAFU PACKAGING MATERIALS CO
    * AFTER COMPLETION OF SHARE TRANSFER I, CO EXPECTS UNIT TO
INVEST
RMB33.3 MILLION IN GUANGDONG XINMAO BIOTECHNOLOGY CO

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS90jNCL
Further company coverage:  0747.HK 

 ((Reuters.Briefs@thomsonreuters.com;))