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BRIEF-Yango's unit to acquire Shanghai property project for 1.25 bln yuan
September 1, 2015 / 12:49 PM / 2 years ago

BRIEF-Yango's unit to acquire Shanghai property project for 1.25 bln yuan

Sept 1 (Reuters) - Yango Group Co Ltd

* Says plans to issue up to 2 billion yuan ($314.32 million) bonds

* Says unit plans to acquire a real estate development project in Shanghai for 1.25 billion yuan

Source text in Chinese: bit.ly/1JJgunS; bit.ly/1KCH2bn

Further company coverage: ($1 = 6.3630 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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