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5 years ago
BRIEF-Moody's : Asset sale is credit positive for Coastal Greenland
August 21, 2012 / 11:23 AM / 5 years ago

BRIEF-Moody's : Asset sale is credit positive for Coastal Greenland

Aug 21 (Reuters) - Coastal Greenland Limited

* Moody's Investors Service says the sale of Coastal Greenland Limited's (Caa1 negative) equity interests in Shanghai Fenghwa for approximately RMB452 million is credit positive.

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