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BRIEF-Poly Real Estate to buy 50 pct stake in controlling shareholder's Hong Kong holding unit
November 30, 2017 / 2:09 PM / 16 days ago

BRIEF-Poly Real Estate to buy 50 pct stake in controlling shareholder's Hong Kong holding unit

Nov 30 (Reuters) - Poly Real Estate Group Co Ltd :

* SAYS IT PLANS TO BUY 50 PERCENT STAKE IN CONTROLLING SHAREHOLDER'S HONG KONG HOLDING UNIT FOR 2.4 BILLION YUAN ($362.75 million) BY CASH Source text in Chinese: bit.ly/2AlqROT Further company coverage: ($1 = 6.6161 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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