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BRIEF-Central China Real Estate says Henan Zhiteng enters equity transfer agreement
August 23, 2017 / 3:17 PM / a month ago

BRIEF-Central China Real Estate says Henan Zhiteng enters equity transfer agreement

Aug 23 (Reuters) - Central China Real Estate Ltd

* CCRE China as guarantor of purchaser & Henan Zhiteng as purchaser entered into equity transfer agreement

* Agreement with Lu Yubo and Wu Yunhua together as vendors

* Henan Zhiteng agreed to acquire 100 pct of equity interest in target group for RMB609.4 million

* Target group refers to Beijing Lande Huifeng Property Development and its 40%-owned Luoyang Zhuzong Yutai Property Development Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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