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City Investment Holdings proposed 1.014 billion price transfer Yuet City Property 30% Equity

Source: Internet
Author: User
Keywords Equity
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NetEase Financial December 2 News of the city of the Thursday announcement announced that the company's wholly-owned subsidiary to transfer the holding of the investment Hyatt City 30% Equity, the listing price is 1.014 billion yuan.　　December 1, the City investment holding board of Directors Day agreed to subordinate wholly-owned subsidiary of Shanghai City Investment Land (Group) Co., Ltd. will be held by the Shanghai City Investment Yuet City Real Estate Co., Ltd. all 30% stake, through the Shanghai Joint Equity Exchange listed transfer, the proposed listing price is 1.014 billion yuan. City Investment Holdings said that at this price, the land group will receive pre-tax investment income of about 637 million yuan.

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