Brief: Shoucheng Says Unit Informed That China Gate Investments Proposed To Sell 10% Of Co

Shoucheng Holdings

15/09/2022 15:46

Sept 15 (Reuters) - Shoucheng Holdings Ltd  0697.HK :
    * HAS BEEN NOTIFIED BY UNIT THAT CHINA GATE INVESTMENTS
PROPOSED
TO SELL 10% OF CO
    * CHINA GATE WILL HOLD 12.35% OF CO UPON COMPLETION OF
TRANSACTION
    * CHINA GATE ENTERED INTO A SALE AND PURCHASE DEAL WITH A
STATE-OWNED SPAC

Source text for Eikon:  ID:nHKS6vfbbt 
Further company coverage:  0697.HK 

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