Brief: Shenzhen Expressway & Its Indirect Controlling Shareholder & Shenzhen Investment Entered MoU

Shenzhen Investment Holdings Bay Area Development

15/03/2021 11:34

March 15 (Reuters) - Shenzhen Expressway Co Ltd  600548.SS :
    * SZ EXPRESSWAY AND ITS INDIRECT CONTROLLING SHAREHOLDER &
SHENZHEN INVESTMENT ENTERED MOU
    * SZ INVESTMENT INTENDS TO TRANSFER ITS 71.83% STAKE IN
SHENZHEN
INVESTMENT HOLDINGS BAY AREA DEVELOPMENT TO SZ EXPRESSWAY
    * ACCORDING TO MOU, SZ EXPRESSWAY WILL PAY EARNEST MONEY
AMOUNTING
TO HK$10 MILLION TO SZ INVESTMENT WITHIN 5 DAYS FROM SINGING MOU

Source text for Eikon:  ID:nHKS36tCCZ 
Further company coverage:  600548.SS 

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