April 26, 2018 / 10:54 PM / a month ago

BRIEF-New Sports Group Says To Buy 51% Equity Interest In Hunan Meilian Property Co Ltd

April 27 (Reuters) - New Sports Group Ltd:

* TO ACQUIRE 51% EQUITY INTEREST IN HUNAN MEILIAN PROPERTY COMPANY LIMITED

* SBIL TO PAY TOTAL CONSIDERATION IN LUMP SUM OF RMB200 MILLION

* HUNAN MEILIAN PROPERTY TO UP ITS REGISTERED CAPITAL FROM RMB80 MILLION TO RMB163.3 MILLION WITH ADDITIONAL RMB83.3 MILLION CONTRIBUTED BY UNIT SBIL Source text for Eikon: Further company coverage:

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