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BRIEF-Yuexiu Property says Original JV partners, purchaser entered into cooperation agreement
February 27, 2017 / 3:07 PM / 9 months ago

BRIEF-Yuexiu Property says Original JV partners, purchaser entered into cooperation agreement

Feb 27 (Reuters) - Yuexiu Property Co Ltd:

* Original jv partners, purchaser and China Merchants Property entered into cooperation agreement

* Purchaser and China Merchants Property shall acquire from transferors 31% and 69% of equity interests in target company

* Amount payable by purchaser in respect of its acquisition of a 17.98% indirect effective interest in project co is rmb1.08 billion

* Target company is Guangzhou Huiqi Real Estate Development Ltd Source text for Eikon: Further company coverage:

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