May 31, 2017 / 10:44 PM / 2 months ago

BRIEF-Shenzhen Investment enters into Investment Agreement

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June 1 (Reuters) - Shenzhen Investment Ltd:

* Entered into investment agreement with Kailong Real Estate and Hengda Real Estate

* Expected that by making capital contribution, co's unit will acquire about 2.0522pct of enlarged equity interest of Hengda Real Estate

* Pursuant to investment agreement, subsidiary has agreed to contribute RMB5.5 billion to capital of Hengda Real Estate Source text for Eikon: Further company coverage:

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