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BRIEF-Besunyen Holdings says unit entered into investment agreement
March 10, 2017 / 2:53 PM / 6 months ago

BRIEF-Besunyen Holdings says unit entered into investment agreement

March 10 (Reuters) - Besunyen Holdings Co Ltd

* Unit, sellers of Zhongshan Wanhan, sellers Of Zhongshan Wanyuan, Zhongshan Wanhan and Zhongshan Wanyuan entered into investment agreement

* Beijing Outsell to purchase and sellers of Zhongshan Wanhan to sell 39.66% equity interest in Zhongshan Wanhan for a total consideration of RMB77.1 million

* Beijing Outsell to make capital contribution in cash to each of Zhongshan Wanhan and Zhongshan Wanyuan in total sum of RMB60.6 million

* Upon completion of investment, beijing outsell will own 51% equity interest in each of Zhongshan Wanhan and Zhongshan Wanyuan Source text for Eikon: Further company coverage:

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