Brief: Yincheng International Announces Acquisition Of Changshu Shajiabang Huading Land & Its Debt
23/12/2020 15:08
Dec 23 (Reuters) - Yincheng International Holding Co Ltd
1902.HK :
* ANNOUNCES ACQUISITION OF ENTIRE STAKE IN & DEBT OF
CHANGSHU
SHAJIABANG HUADING LAND
* UNIT TO ACQUIRE 80% EQUITY INTEREST IN CHANGSHU SHAJIABANG
HUADING LAND CO. FOR RMB131.8 MILLION
* UNIT TO BUY 20% STAKE IN CHANGSHU SHAJIABANG HUADING LAND
& DEBT
OF RMB25.7 MILLION OWED TO JIANGSU ZHONGDING FOR RMB32.7 MILLION
Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2020/1223/2020122301173.pdf
Further company coverage: 1902.HK
((Reuters.Briefs@thomsonreuters.com;))
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