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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
Provider: Sadif Analytics Prime

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China Baoan Group Co Ltd and Subsidiary to Divest Holdings

Tuesday, 24 Sep 2013 08:00pm EDT 

China Baoan Group Co Ltd announced that the Company and its subsidiary has decided to divest their holdings in a Wuhan-based company, which is 90%-owned by the Company and a 10%-owned by the subsidiary, to a Wuhan-based investment company, a Hubei-based real estate company and a Hubei-based logistics company, for RMB 600 million in total. 

Company Quote

-2.0 -9.05%
1:20am EDT