Brief: Asia Resources's unit terminates deal with Shi Zhong Zhan Investment Development
18/01/2017 12:38
Jan 18 (Reuters) - Asia Resources Holdings Ltd 0899.HK
* Refers to announcement dated 15 April 2015 in relation to
acquisition of certain properties
* Purchaser has exercised its rights to terminate
acquisition agreements by serving a termination notice to vendor
* Refund for termination in amount of RMB274 million
* Termination of acquisition agreements has no material
adverse impact on existing business of group
* Purchaser is a unit; Guangzhou Shi Zhong Zhan Investment
Development Company is the vendor
Source text for Eikon: ID:nHKSV27sP
Further company coverage: 0899.HK
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