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Evergrande Health Unit To Buy 70 Pct Stake In TET Drive Technology Co


Friday, 15 Mar 2019 

March 15 (Reuters) - Evergrande Health Industry Group Ltd <0708.HK>::UNIT ENTERED INTO AN EQUITY TRANSFER AGREEMENT WITH TIANJIN TIANHAI GROUP CO, TET DRIVE TECHNOLOGY CO ,AND LV CHAO.UNIT TO BUY 70% STAKE IN TET DRIVE TECHNOLOGY CO, FREE FROM ANY ENCUMBRANCE FROM TIANJIN TIANHAI GROUP CO AT RMB 500 MILLION.