Brief: Shinsun Holdings Says Unit To Sell 50% Stake In Anji Sante Tianye Pastoral Tourism Development

Shinsun Holdings Co

17/11/2022 15:25

Nov 17 (Reuters) - Shinsun Holdings Group Co Ltd
 2599.HK :
    * UNIT TO SELL 50% OF STAKE IN ANJI SANTE TIANYE PASTORAL
TOURISM
DEVELOPMENT FOR RMB23.0 MILLION
    * UNIT TO DISPOSE ANJI ACCOUNTS RECEIVABLE WITH A BOOK VALUE
OF
RMB78.2 MILLION AT CONSIDERATION OF RMB69.5 MILLION
    * ESTIMATED THAT CO WILL RECORD A PROFIT OF ABOUT RMB5.6
MILLION
FROM DISPOSALS
    * UNIT AGREED TO SELL & HANGZHOU JINGLU ENTERPRISE
MANAGEMENT
PARTNERSHIP AGREED TO BUY CHUNYUAN SALE EQUITY AT CONSIDERATION
OF RMB13.4 MILLION
    * HANGZHOU LANGJUN ENTERPRISE MANAGEMENT CONSULTING AND
SHINSUN
PROPERTY GROUP ENTERED INTO CHUNYUAN ACCOUNTS RECEIVABLE
TRANSFER AGREEMENT
    * HANGZHOU AND SHINSUN PROPERTY TO DISPOSE CHUNYUAN ACCOUNTS
RECEIVABLE WITH BOOK VALUE OF RMB122.8 MILLION FOR RMB109.1
MILLION

Source text for Eikon:  ID:nHKSbHB22b 
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