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2 months ago
BRIEF-Worldunion Properties Consultancy scraps private placement, to invest in Suzhou firm
May 16, 2017 / 12:51 PM / 2 months ago

BRIEF-Worldunion Properties Consultancy scraps private placement, to invest in Suzhou firm

1 Min Read

May 16 (Reuters) - Shenzhen Worldunion Properties Consultancy Inc

* Says it scraps share private placement due to changes in regulations and market environment

* Says it plans to invest 100 million yuan ($14.52 million) in Suzhou-based investment firm

Source text in Chinese: bit.ly/2qnAZ6J; bit.ly/2rbMSxr

Further company coverage: ($1 = 6.8880 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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