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BRIEF-Hainan Pearl River Holding sells unit and properties for 600 mln yuan
December 29, 2016 / 2:52 AM / 9 months ago

BRIEF-Hainan Pearl River Holding sells unit and properties for 600 mln yuan

Dec 29 (Reuters) - Hainan Pearl River Holding Co Ltd :

* Says it completed selling of 100 percent stake and creditor’s rights in its Hainan-based hotel management unit and properties in Hainan for 600 million yuan

* Says previous plan disclosed on Nov. 14

Source text in Chinese:goo.gl/iKbP6b

Further company coverage: (Beijing Headline News)

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