December 19, 2017 / 12:42 PM / 6 months ago

BRIEF-Redco Properties Disposes Interest In Shanghai Mingchang Properties Limited

Dec 19 (Reuters) - Redco Properties Group:

* DISPOSAL OF INTEREST IN SHANGHAI MINGCHANG PROPERTIES LIMITED

* ‍COMPANY EXPECTS THAT NET PROCEEDS FROM DISPOSAL WILL BE APPROXIMATELY RMB671.8 MILLION​

* ‍GROUP EXPECTS TO RECORD A GAIN OF RMB382 MILLION​ Source text for Eikon: Further company coverage:

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