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3 years ago
BRIEF-Yinyi Real Estate's unit to acquire stake in Ningbo property firm for about 950 mln yuan
June 3, 2014 / 8:13 AM / 3 years ago

BRIEF-Yinyi Real Estate's unit to acquire stake in Ningbo property firm for about 950 mln yuan

June 3 (Reuters) - Yinyi Real Estate Co Ltd

* Says unit plans to acquire 70 percent stake in a property firm in Ningbo city for about 950 million yuan ($152.07 million)

Source text in Chinese: link.reuters.com/hut79v

Further company coverage: ($1 = 6.2473 Chinese Yuan Renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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