Icecrown Chase invested 311 million yuan to acquire 21% stake in the Sea branch

Source: Internet
Author: User
Keywords Equity Icecrown
NetEase Finance January 19 News Icecrown Chase Night issued a notice said, the company intends to acquire 21% stake in the Sea branch, the completion of the transaction after the company has a total of 49% stake in the Sea branch.  December 28, 2010, Icecrown Datong Board of Directors agreed to participate in the Beijing property exchange listed Beijing Hai Kai Real Estate Group held by Beijing Haidian Science and Technology Park Construction Co., Ltd. 9% stake, and Beijing Haidian District commercial facilities Construction and management company held a 12% stake in the bidding. January 19, 2011, Icecrown Chase to 31,134 25.77 million yuan for the total price of Haiko to build 21% equity, respectively, and the two transfer parties signed the "Property transaction contract."  After the completion of the transaction, Icecrown Chase has a total of 49% shares in the Sea branch, becoming its largest shareholder. Icecrown Chase said that through the transfer of equity, it is expected to further increase the company's land reserves.  The transaction is in line with the company's determination of Beijing as the center of the development strategy, at the same time the Sea branch built rich secondary land development experience and background, will be more land for the company to create favorable conditions. As of January 19 closed, Icecrown 9.09 yuan, Rose 3.41%.
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