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135 million yuan to buy 35% per cent of Rhine coast

Source: Internet
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Times Wan Heng (600241) announced that the company intends to take the cash to acquire the controlling shareholder in Liaoning Times million holding group held in Dalian Rhine Coast Resort Co., Ltd. 35% of the stake, worth 135 million yuan.　　Upon assessment, as at September 30, 2010, the book value of net assets on the Rhine coast was 15,828 660,000 yuan, with an evaluation value of 38,652.130,000 Yuan, with an evaluation value exceeding the book value of net assets of 144.19%. The announcement said that as the company's main business real estate development only holding the Shenyang million Heng Long Yi Real Estate Development Co., Ltd. and Shenyangyu Sheng ERA Real Estate Development Co., Ltd. Two development projects, and has developed more than half, there is no new land reserves, in order to maintain the company's real estate industry, the sustainable development of the need to acquire

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