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BRIEF-Red Star Macalline announces transactions in relation to transfer of equity interests
August 30, 2017 / 3:31 PM / 3 months ago

BRIEF-Red Star Macalline announces transactions in relation to transfer of equity interests

Aug 30 (Reuters) - Red Star Macalline Group Corp Ltd :

* Announces transactions in relation to transfer of equity interests in Shanghai Huangpu Red Star Small Loans Company limited

* Co agreed to sell and RSM Holding agreed to acquire 70% equity interests in Shanghai Huangpu Red Star Small Loans

* Beijing Red Star Home Furnishings and Nanjing Red Star Home Furnishings City to sell 30% equity interests in Shanghai Huangpu Red Star Small Loans

* Transactions for an aggregate consideration of rmb201.4 million Source text for Eikon: Further company coverage:

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