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8 months ago
BRIEF-Guangzhou Yuetai Group unit to buy assets in Cambodia for $42.9 mln
December 13, 2016 / 3:36 AM / 8 months ago

BRIEF-Guangzhou Yuetai Group unit to buy assets in Cambodia for $42.9 mln

Dec 13 (Reuters) - Guangzhou Yuetai Group Co Ltd :

* Says its Hong Kong-based investment unit to buy 45 percent stake and 53 percent interests in a Cambodia-based property development firm and 19 percent stake and 49 interests in a Cambodia-based import and export firm

* Says total transaction price to be $42.9 million

Source text in Chinese: goo.gl/bxXv8o

Further company Coverage: (Beijing Headline News)

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