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Beijing Hualian Hypermarket Co Ltd (600361.SS)

600361.SS on Shanghai Stock Exchange

5.27CNY
12 Dec 2017
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Tue, Dec 12 2017

BRIEF-Beijing Hualian Department Store in deal to sell commercial management unit

* SAYS IT SIGNS AGREEMENT TO SELL COMMERCIAL MANAGEMENT UNIT FOR 532.8 MILLION YUAN ($80.52 million) TO SHANGHAI GOLDEN UNION INVESTMENT Source text in Chinese: http://bit.ly/2AOEvue Further company coverage: ($1 = 6.6168 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Beijing Hualian Hypermarket to set up branches

* Says it will set up commercial program branches based in Jilin, Liaoning, Inner Mongolia, Sichuan and Guizhou

BRIEF-Beijing Hualian Department Store's Singapore unit to buy CPBL Ltd

* Says its Singapore unit signs agreement to buy CPBL Limited for $51.0 million

BRIEF-Lock-up period for Beijing Hualian Department Store's 341.4 mln shares to end

* Says lock-up period for 341.4 million shares to end, shares to start trading on Aug 23

BRIEF-Beijing Hualian Department Store adopts new accounting policies

* Says it adopted new accounting policy disclosed by the Ministry of Finance on May 10, regarding subsidy

BRIEF-Beijing Hualian Hypermarket sells Beijing-based business consulting firm

* Says it has transferred 100 percent stake in a Beijing-based business consulting firm to a Beijing-based technical service firm

BRIEF-Beijing Hualian Hypermarket issues super short-term financing notes worth 600 mln yuan

* Says it issued 2017 second tranche super short-term financing notes worth 600 million yuan, with a term of 270 days and mature date on May 1, 2018

BRIEF-Beijing Hualian Hypermarket signs agreement to sell its supermarket for 294.0 mln yuan

* Says it signs agreement to sell one of its supermarket for 294.0 million yuan ($43.26 million)

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