Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Agile Group (03383.HK) Sells 50% Stake in Zhejiang Commercial-Residential Project for RMB95M
Recommend 3 Positive 5 Negative 0 |
||||
|
||||
|
Agile Group (03383.HK) announced that its 90%-owned subsidiary Yaxin Enterprise Management has agreed to sell a 50% equity interest in Zhejiang Xiangya to an independent third party, Nantong. Zhejiang Xiangya holds a commercial-residential development project located in Huzhou, Zhejiang Province. The consideration is RMB95 million, which will be settled through debt transfer. Upon completion, the company will no longer hold any equity interest in Zhejiang Xiangya. The estimated loss from the disposal is approximately RMB267 million. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
