Brief: Yuexiu Property Announces Major And Connected Deal For Disposal Of Assets And Businesses
04/05/2026 02:17
May 4 (Reuters) - Yuexiu Property Co Ltd 0123.HK: ANNOUNCES MAJOR AND CONNECTED DEAL FOR DISPOSAL OF ASSETS AND BUSINESSES DISPOSAL INCLUDES NANSHA IFC, YUNGU INDUSTRIAL PARK, ZHIGU INDUSTRIAL PARK, BIJIE HOTEL, HEALTHCARE BUSINESSES CONSIDERATION FOR NANSHA IFC DISPOSAL IS RMB1.93 BLN PAYABLE IN CASH AS A RESULT OF DISPOSAL, TOTAL ASSETS EXPECTED TO DECREASE BY ABOUT RMB5,900 MLN NET PROCEEDS FROM DISPOSAL ESTIMATED TO BE ABOUT RMB4.46 BILLION ESTIMATES TO RECORD GAIN (AFTER TAXATION) OF RMB108 MILLION FROM DISPOSAL OF TARGET COMPANIES Further company coverage: 0123.HK ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Yuexiu Property Co
See all newsBrief: Yuexiu Property Enters Facility Agreement For Term Loan Up To HK$1000 Million On June 4, 2026
Brief: Yuexiu Property Proposes Issue Of CNY1.60 Billion 3.40% Guaranteed Green Notes Due 2029
Brief: Yuexiu Property Enters HK$500 Million Revolving Loan Facility
Brief: Yuexiu Property Announces Major And Connected Deal For Disposal Of Assets And Businesses
Brief: Yuexiu Property's Unit Enters Into Term Loan Facility Of HK$1,000 MLN