Brief: Shui On Land Says Establishment Of Limited Partnership And Equity Transfer Of Project Companies

Shui On Land

05/11/2024 15:13

Nov 5 (Reuters) - Shui On Land Ltd  0272.HK :
    * ESTABLISHMENT OF LIMITED PARTNERSHIP AND EQUITY TRANSFER
OF
PROJECT COMPANIES
    * LIMITED PARTNERSHIP AGREEMENT FOR TOTAL SUBSCRIBED
CONTRIBUTION
OF RMB8.13 BILLION
    * SHANGHAI TIAN XU CHUANG SHENG ENTERPRISE MANAGEMENT, UNITS
ENTERED COOPERATION AGREEMENT WITH NINGBO FUND, YANGPU KNOWLEDGE
INNOVATION
    * 86.8% STAKE IN SHANGHAI YANG PU CENTRE DEVELOPMENT TO BE
TRANSFERRED FROM BRIGHT CONTINENTAL TO LIMITED PARTNERSHIP FOR
RMB4.71 BILLION
    * 99% STAKE IN SHANGHAI KNOWLEDGE AND INNOVATION COMMUNITY
DEVELOPMENT TO BE TRANSFERRED TO LIMITED PARTNERSHIP FOR RMB2.67
BILLION

Further company coverage:  0272.HK 

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