April 9, 2018 / 1:27 AM / 5 months ago

BRIEF-Shanghai Industrial Urban Development's Unit To Sell 67% Of Hunan Qianshuiwan Xiangya Garden

April 9 (Reuters) - Shanghai Industrial Urban Development Group Ltd:

* UNIT TO SELL 67% OF HUNAN QIANSHUIWAN XIANGYA GARDEN CO., LTD FOR RMB637 MILLION​

* ‍EXPECTS NET PROCEEDS FROM DISPOSAL ABOUT RMB756.8 MILLION

* TAX GAIN OF RMB482.5 MILLION UPON COMPLETION OF DISPOSAL​‍​ Source text for Eikon: Further company coverage:

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