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1771 Sunfonda group News Story

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Brief: Sunfonda Group Says Units Entered Equity Transfer Agreements With Xi'an Longbing Real Estate Co And Xi'an Qinrui Real Estate Co

May 17 (Reuters) - Sunfonda Group Holdings Ltd  1771.HK :
    * UNITS ENTERED EQUITY TRANSFER AGREEMENTS WITH XI'AN
LONGBING
REAL ESTATE CO AND  XI'AN QINRUI REAL ESTATE CO
    * EXPECTS UNAUDITED GAIN FROM DISPOSAL OF ABOUT RMB145.20
MILLION
    * UNITS TO DISPOSE OF 25% EQUITY INTERESTS IN XI'AN QINRUI
REAL
ESTATE CO FOR RMB152.7 MILLION

Source text for Eikon:  ID:nHKS5vx0LZ 
Further company coverage:  1771.HK 

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

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