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BRIEF-Coastal Greenland entered into disposal agreement for RMB3.59 bln
December 28, 2016 / 3:05 PM / 9 months ago

BRIEF-Coastal Greenland entered into disposal agreement for RMB3.59 bln

Dec 28 (Reuters) - Coastal Greenland Ltd

* Vendor, target llp, purchaser, company and Yuzhou Properties, entered into disposal agreement on 16 dec

* Purchaser agreed to purchase entire equity interest in target llp at a total consideration of about rmb3.59 billion

* Vendor is Coastal Greenland Development (Wuhan), purchaser is Shanghai Fengzhou Property & Target Llp Kunshan Fuzhi Dingxin Equity Investment Enterprise

* Application has been made to stock exchange for resumption of trading in shares on 29 december 2016 Source text for Eikon: Further company coverage:

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