January 12, 2018 / 1:30 AM / 5 months ago

BRIEF-CIFI Holdings Group Says Unit Enters Agreement To Buy 50% Stake In Qingdao Yinshengtai Property

Jan 12 (Reuters) - Cifi Holdings Group Co Ltd:

* UNIT ENTERED INTO COOPERATION AGREEMENT TO PROPOSE ACQUISITION OF AGGREGATE OF 50% STAKE IN QINGDAO YINSHENGTAI PROPERTY

* DEAL FOR RMB1.52 BILLION

* ‍CHAIRMAN OF QINGDAO YINSHENGTAI PROPERTY CO TO BE NOMINATED BY QINGDAO YINSHENGTAI GROUP & GUARANTORS ​ Source text for Eikon: Further company coverage:

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