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697 Shoucheng Holdings News Story

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Brief: Shougang Concord International Enterprises Says Unit, Shouzhong Wanwu Carpark Management Co And Shenzhen Wanwu Entered Into Partnership Agreement

Nov 13 (Reuters) - Shougang Concord International
Enterprises Co Ltd  0697.HK :
    * UNIT, SHOUZHONG WANWU CARPARK MANAGEMENT CO AND SHENZHEN
WANWU
ENTERED INTO PARTNERSHIP AGREEMENT
    * TOTAL CAPITAL COMMITMENT OF PARTNERSHIP IS RMB500 MILLION
    * UNIT & SHENZHEN WANWU ALSO ENTERED AGREEMENT FOR
ACQUISITION OF
CARPARK INCOME RIGHTS BY PARTNERSHIP FOR RMB671.8 MILLION

Source text for Eikon:  ID:nHKS8VdPG4 
Further company coverage:  0697.HK 

 (Reuters.Briefs@thomsonreuters.com)

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