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BRIEF-Guangzhou Hengyun Enterprises, Unit To Sell Partial Assets

reuters.com · 06/10/2022 05:13
BRIEF-Guangzhou Hengyun Enterprises, Unit To Sell Partial Assets

- Guangzhou Hengyun Enterprises Holding Ltd 000531.SZ:

  • SAYS UNIT AGREES TO SELL 13.31% STAKE IN INDUSTRY INVESTMENT FUND FOR 402.73 MILLION YUAN ($60.18 million) TO CO'S CONTROLLING SHAREHOLDER

  • SAYS IT AGREES TO SELL 9.60% STAKE IN ANOTHER FUND FOR 241.4 MILLION YUAN TO CONTROLLING SHAREHOLDER

  • SAYS IT AGREES TO SELL 58% STAKE IN CONSTRUCTION INVESTMENT FIRM FOR 394.4 MILLION YUAN TO CONTROLLING SHAREHOLDER

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Further company coverage: 000531.SZ


($1 = 6.6920 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

((Ella.Cao@thomsonreuters.com;))