Brief: Greentown China Announces Development Of Residential Properties In Hangzhou With Wharf
29/01/2018 11:52
Jan 29 (Reuters) - Greentown China Holdings Ltd 3900.HK :
* ENTERS AGREEMENT WITH WHARF & OTHERS IN RELATION TO
DEVELOPMENT
OF LAND INTO RESIDENTIAL PROPERTIES BY ZHEJIANG LUJIU
* DEAL FOR RMB3.94 BILLION
* UPON COMPLETION OF EQUITY TRANSFER, CO & WHARF WILL BE
INDIRECTLY INTERESTED IN 50% OF PROJECT COMPANY
* CO TO TRANSFER ENTIRE EQUITY INTEREST OF HANGZHOU ZHIQIAN
INVESTMENT CO TO ZHEJIANG LUJIU
Source text for Eikon: urn:newsml:reuters.com:*:nHKS2lkgKV
Further company coverage: 3900.HK
(bangalore.newsroom@thomsonreuters.com)