Brief: Virscend Education Says Yanqiang Real Estate To Be Merged In University & Cease To Exist
14/06/2019 13:58
June 14 (Reuters) - Virscend Education Company Ltd
1565.HK :
* YANQIANG REAL ESTATE TO BE MERGED IN UNIVERSITY & CEASE TO
EXIST
WHILE SICHUAN DERUI AS SELLING SHAREHOLDER TO RECEIVE RMB476
MILLION
* CHENGDU SCHOOL AGREED TO PURCHASE FROM SICHUAN DERUI
ASSETS FOR
A TOTAL CONSIDERATION OF RMB394.3 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS402cNQ
Further company coverage: 1565.HK
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