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Chongqing Road and Bridge Co Ltd and Subsidiary to Sell 100% Stake in Real Estate Development Company


Monday, 16 Sep 2013 08:00pm EDT 

Chongqing Road and Bridge Co Ltd announced that the Company will sell a 99.95% stake in a Chongqing-based real estate development company (target company). The Company's subsidiary will sell a 0.05% stake in the target company. The total transaction price is RMB 397 million. After the transaction, the Company will hold no stake in the target company. Two other Chongqing-based companies will own the target company. 

Company Quote

4.14
0.05 +1.22%
28 Aug 2014