December 16, 2016 / 1:10 PM / 8 months ago

BRIEF-Huiyin Smart Community Co says unit entered into entered into equity transfer agreement

Dec 16 (Reuters) - Huiyin Smart Community Co Ltd :

* Seller is yangzhou huiyin technology group ltd, purchaser is guangzhou aoyuan commercial property group and target is yangzhou huiyin real estate co

* Seller subsidiary of company, purchaser, target company and company have entered into equity transfer agreement

* Purchaser agreed to purchase and receive all equity interest held by seller in target co at consideration of rmb198.88 million

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