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10 months ago
BRIEF-Shanghai Zendai Property says unit is expected to enter into definitive agreement with Shanghai Oriental Pearl Real Estate
October 18, 2016 / 1:02 PM / 10 months ago

BRIEF-Shanghai Zendai Property says unit is expected to enter into definitive agreement with Shanghai Oriental Pearl Real Estate

Oct 18 (Reuters) - Shanghai Zendai Property Ltd

* Transaction in relation to acquisition of 50% equity interests and sale loan of target company by public auction

* Purchaser agreed to acquire target company at total consideration of RMB177.60 million

* Shanghai Zendai Real Estate is expected to enter into definitive agreement with Shanghai Oriental Pearl Real Estate Source text for Eikon: Further company coverage:

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