Brief: Beijing Properties (Holdings)Says Parties Terminate Consolidated Framework Agreement
30/05/2018 13:16
May 30 (Reuters) - Beijing Properties (Holdings) Ltd
0925.HK :
* ALL PARTIES MUTUALLY TERMINATE CONSOLIDATED FRAMEWORK
AGREEMENT
AND OTHER ACCOMPANYING TRANSACTION AGREEMENTS
* PURSUANT TO TERMINATION, BVI TARGET CO WILL FORTHWITH
REFUND
REVISED PREPAYMENTS TO CHINA LOGISTICS, UNIT OF CO
* TERMINATION OF ACQUISITION & SUBSCRIPTION DOES NOT HAVE
MATERIAL
ADVERSE IMPACT ON BUSINESS OR FINANCIALS OF CO
Source text for Eikon: urn:newsml:reuters.com:*:nHKScs39f
Further company coverage: 0925.HK
((Reuters.Briefs@thomsonreuters.com;))
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