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BRIEF-China Sinostar Group Co ‍announces acquisition of Benxi Tongsheng Property Development​
September 26, 2017 / 12:16 AM / 3 months ago

BRIEF-China Sinostar Group Co ‍announces acquisition of Benxi Tongsheng Property Development​

Sept 26 (Reuters) - China Sinostar Group Company Ltd :

* On 25 September, Dongfang Industrial entered into purchase agreement with vendors Shi Na and Hu Dan

* Pursuant to agreement Dongfang Industrial agreed to purchase equity interest in Benxi Tongsheng for RMB20.05 million

* Disposal consideration is rmb125 million

* Expected to record an unaudited gain on disposal of about RMB1.67 million

* Seasonal Bliss entered into disposal agreement with Dongfang Industrial and guarantor Source text for Eikon: Further company coverage:

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