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Joy City Property Ltd (0207.HK)

0207.HK on Hong Kong Stock

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Mon, Apr 2 2018

COFCO Property plans to buy control of HK's Joy City for $2.4 billion

HONG KONG Joy City Property Ltd said on Monday COFCO Property Group Co Ltd would buy a controlling 64.18 percent stake in the company from Vibrant Oak Ltd for 14.76 billion yuan ($2.35 billion), as part of a reorganization of COFCO Corp.

COFCO Property plans to buy control of HK's Joy City for $2.4 bln

HONG KONG, April 2 Joy City Property Ltd said on Monday COFCO Property Group Co Ltd would buy a controlling 64.18 percent stake in the company from Vibrant Oak Ltd for 14.76 billion yuan ($2.35 billion), as part of a reorganisation of COFCO Corp.

BRIEF-Joy City Property Says For Property Development​, Group's FY Contracted Sales RMB 8,156 Mln

* FOR PROPERTY DEVELOPMENT​, GROUP'S FY ‍AGGREGATE CONTRACTED SALES RMB 8,156 MILLION Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

BRIEF-Joy City Property Co Enters Facility Letter For Term Loan & Revolving Loan

* CO AS BORROWER ENTERS FACILITY LETTER FOR TERM LOAN UP TO HKD700 MILLION, REVOLVING LOAN UP TO HKD300 MILLION Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

BRIEF-Joy City Property Updates On Disposal Of COFCO Hotel (Beijing)

* UNITS OF CO TO DISPOSE COFCO HOTEL (BEIJING) THROUGH PUBLIC SALE ON SHANGHAI EQUITY EXCHANGE FOR RMB1.36 BILLION

BRIEF-Joy City signs contract worth 22.73 bln won

* Says it signed a 22.73 billion won contract with Shanghai T2 Entertainment to publish "Freestyle1" in China

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