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9 months ago
BRIEF-Emei Shan Tourism to divest stake in unit to controlling shareholder for 77.2 mln yuan
December 2, 2016 / 3:26 AM / 9 months ago

BRIEF-Emei Shan Tourism to divest stake in unit to controlling shareholder for 77.2 mln yuan

Dec 2 (Reuters) - Emei Shan Tourism Co Ltd :

* Says it enters into agreement to sell entire 94.29 percent stake in its unit which is engaged in property management, project investment and landscaping business, to co's controlling shareholder, Sichuan Emeishan Leshan Dafo Tourism Group

* Says stake transfer price is 77.2 million yuan

Source text in Chinese: goo.gl/KXwEiY

Further company coverage: (Beijing Headline News)

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