1 Min Read
Dec 28 (Reuters) - China Jishan Holdings Ltd :
* Unit entered into a conditional share transfer agreement with Shanghai Jintumu Real Estate Co., Ltd.
* Entire equity interest in target held by Jishan P&D will be disposed to purchaser for a consideration of RMB 785.8 million
* Expects to receive an estimated gains on proposed disposal (before tax) of approximately RMB 288.0 million
* Intends to utilise net proceeds from proposed disposal for repayment of bank borrowings Source text for Eikon: Further company coverage: