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8 months ago
BRIEF-Myhome Real Estate Development Group to sell 60 pct stake in investment firm to shareholder
December 27, 2016 / 9:45 AM / 8 months ago

BRIEF-Myhome Real Estate Development Group to sell 60 pct stake in investment firm to shareholder

Dec 27 (Reuters) - Myhome Real Estate Development Group Co Ltd :

* Says co plans to sell 60 percent stake in co's wholly owned investment unit to co's shareholder Mingliou Investment Group Company Ltd, at 23.9 million yuan

* Says co will hold 40 percent stake in the investment firm after transaction, down from 100 percent

Source text in Chinese: goo.gl/ZoJytp

Further company coverage: (Beijing Headline News)

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