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123 - Yuexiu Property Co News Story

HK$1.51 -0.0  -0.7%

Last Trade - 9:08am

Sector
Financials
Size
Mid Cap
Market Cap £2.33bn
Enterprise Value £9.98bn
Revenue £4.66bn
Position in Universe 439th / 6003

BRIEF-Yuexiu Property Exercises YXP Options To Buy 51% Interest In Each Of 2 New Metro Property Projects

Tue 1st September, 2020 4:20pm
Sept 1 (Reuters) - Yuexiu Property Co Ltd  0123.HK :
    * EXERCISED YXP OPTIONS TO BUY 51% INTEREST IN EACH OF 2 NEW
METRO
PROPERTY PROJECTS
    * NOMINATED GUANGZHOU CITY CONSTRUCTION & DEVELOPMENT GROUP
NANSHA
TO ACQUIRE TARGET HOLDCO EQUITY INTERESTS
    * NOMINATED GUANGZHOU CITY CONSTRUCTION & DEVELOPMENT TO BUY
ALL
RIGHTS, TITLE, INTEREST OF GZYX IN & TO TARGET HOLDCO LOANS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1rKRV3
Further company coverage:  0123.HK 

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