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India

Deluxe Family Co Ltd (600503.SS)

600503.SS on Shanghai Stock Exchange

6.40CNY
16 Jan 2018
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Thu, Oct 19 2017

BRIEF-Deluxe Family signs agreement to transfer rate of return of shares in Xiamen bank to CCB's Pudong branch

* Says it signs agreement to transfer rate of return of 270 million shares in Xiamen International Bank to China Construction Bank's Pudong branch for 990 million yuan ($149.47 million)

BRIEF-Deluxe Family adopts new accounting policies

* Says it adopts new accounting policies regarding non-current assets, disposal group and discontinued operations as well as government subsidy

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