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3 years ago
BRIEF-XiAn Minsheng to acquire properties for a combined 1.78 bln yuan via cash, share issue
February 9, 2015 / 4:51 AM / 3 years ago

BRIEF-XiAn Minsheng to acquire properties for a combined 1.78 bln yuan via cash, share issue

Feb 9 (Reuters) - XiAn Minsheng Group Co Ltd

* Say to acquire commercial properties via cash, share issue

* Says revises the acquisition price to 1.78 billion yuan ($284.83 million) from 1.86 billion yuan

* Says revises private placement plan, to raise up to 445 million yuan from up to 620 million yuan ($1 = 6.2493 Chinese yuan renminbi)

Source text in Chinese: bit.ly/190QTrR; bit.ly/1ERq2vb

Further company coverage: (Reporting by Hong Kong newsroom)

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