Edition:
India

Beijing Properties (Holdings) Says Unit Entered Framework Agreement With Unit Of Global Logistic Properties


Friday, 3 Aug 2018 

Aug 3 (Reuters) - Beijing Properties (Holdings) Ltd <0925.HK>::UNIT, CHINA LOGISTICS INFRASTRUCTURES (HOLDINGS) ENTERED FRAMEWORK AGREEMENT WITH UNIT OF GLOBAL LOGISTIC PROPERTIES.DEAL TO JOINTLY ESTABLISH FUND, THAT WILL ACQUIRE PROPERTIES DIRECTLY OR INDIRECTLY OWNED BY CLI AND CO.VALUE OF PROPERTIES AS STATED IN FRAMEWORK AGREEMENT IS ABOUT RMB 6.70 BILLION. 

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