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BRIEF-Ronshine China's unit and Hailiang Metal Trading Group enter property deal
April 11, 2017 / 2:42 PM / 5 months ago

BRIEF-Ronshine China's unit and Hailiang Metal Trading Group enter property deal

April 11 (Reuters) - Ronshine China Holdings Ltd

* Rongxin (Fujian) Investment entered into a letter of intent with Hailiang Metal Trading Group

* Rongxin Investment agreed to enter into further negotiation regarding a potential cooperation between Rongxin Investment And Hailiang Metal

* Potential cooperation between Rongxin Investment and Hailiang Metal regarding certain property projects located in PRC indirectly held by Hailiang Metal

* A refundable deposit of RMB200 million shall be payable by Rongxin Investment within 5 business days upon signing of letter of intent Source text for Eikon: Further company coverage:

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