Reuters logo
BRIEF-Kunming Sinobright Group revises asset acquisition plan, cuts share issue size
September 26, 2017 / 1:23 AM / in a month

BRIEF-Kunming Sinobright Group revises asset acquisition plan, cuts share issue size

Sept 26 (Reuters) - Kunming Sinobright Group Co Ltd

* Says it revises asset acquisition plan, to buy 84.44 percent stake in Beijing property agency for 5.5 billion yuan ($830.95 million) from 6.2 billion yuan previously

* Says it cuts share issue size to 2.3 billion yuan from 2.5 billion yuan previously

Source text in Chinese: bit.ly/2wSvvjT

Further company coverage: ($1 = 6.6189 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below