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BRIEF-Sunshine 100 China announces disposal of 80 pct stake in Chongqing Sunshine 100
June 28, 2017 / 5:03 AM / 6 months ago

BRIEF-Sunshine 100 China announces disposal of 80 pct stake in Chongqing Sunshine 100

June 28 (Reuters) - Sunshine 100 China Holdings Ltd :

* Announces disposal of 80 pct equity interest in Chongqing Sunshine 100 for RMB1.54 billion

* Unit enters equity transfer agreement with Shenzhen Qianhai Hangmu Investment Management & Chongqing Sunshine 100 Real Estate Development

* Expected that group will record a gain from equity transfer of about RMB1.079 billion before tax Source text for Eikon: Further company coverage:

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