Reuters logo
BRIEF-Yinyi Real Estate to issue financing instruments, acquire Ningbo firm
May 31, 2017 / 11:28 AM / 6 months ago

BRIEF-Yinyi Real Estate to issue financing instruments, acquire Ningbo firm

May 31 (Reuters) - Yinyi Real Estate Co Ltd

* Says it plans to issue financing instruments worth up to 600 million yuan ($88.10 million)

* Says it plans to acquire Ningbo firm for 7.98 billion yuan

* Says it plans to raise up to 400 million yuan in share rpivate placement to help fund acquisition

Source text in Chinese: bit.ly/2rjEz01; bit.ly/2rTQa90

Further company coverage: ($1 = 6.8105 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below