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BRIEF-Yango Group's unit to buy real estate firm, plans assets-backed securitisation
September 26, 2017 / 12:20 PM / 3 months ago

BRIEF-Yango Group's unit to buy real estate firm, plans assets-backed securitisation

Sept 26 (Reuters) - Yango Group Co Ltd

* Says unit signs agreement to acquire real estate firm for 3.2 billion yuan ($482.65 million) in Xiamen

* Says it plans assets-backed securitisation with size up to 350 million yuan

Source text in Chinese: bit.ly/2wRykqc; bit.ly/2hwdouB

Further company coverage: ($1 = 6.6300 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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