December 20, 2016 / 12:20 PM / 8 months ago

BRIEF-Sunac China Holdings entered into framework agreements

Dec 20 (Reuters) - Sunac China Holdings Ltd :

* Hangzhou Jinhan agreed to dispose of 17.34% equity and debt interests in Hangzhou Jinhe for rmb96.9 million

* Unit Hangzhou Rongxinheng as purchaser, entered into first framework agreement with Hangzhou Jinhan

* Hangzhou Rongxinheng agreed to acquire and Hangzhou Jinhan agreed to dispose of 17.34% equity and debt interests in Hangzhou Jinhe

* Aggregate consideration for first acquisition under first framework agreement was rmb435.7 million Source text for Eikon: Further company coverage:

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