Brief: Zhuguang Holdings Group Co updates on disposal of Joygain Group
03/01/2016 22:10
Jan 4 (Reuters) - Zhuguang Holdings Group Co Ltd 1176.HK : * Hold-major transaction: disposal of joygain group 1176.HK * the group has effectively disposed of all its interest in joygain at a consideration of RMB1.92 billion * Intended that the net proceeds to fund certain of its existing property development projects * Ocean leader investments entered into the gz yifa disposal agreement with the gz yifa purchaser * Consideration paid by the gz yifa purchaser to the gz disposal to the group was RMB280 million * Source text for Eikon ID:nHKSqwpyl ((For more news, please click here 1176.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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