BRIEF-Sino-Ocean Group Enters Framework Agreement With Sino-Ocean Service

Reuters
Jul 16
BRIEF-Sino-<a href="https://laohu8.com/S/1B6.SI">Ocean</a> Group Enters Framework Agreement With <a href="https://laohu8.com/S/06677">Sino-Ocean Serv</a>ice

July 16 (Reuters) - Sino-Ocean Group Holding Ltd 3377.HK:

  • COMPANY ENTERS FRAMEWORK AGREEMENT WITH SINO-OCEAN SERVICE

  • TRANSFER PRICE OF RMB323.2 MILLION SETTLED BY LONG TERM LOAN

  • TARGET ASSETS TO BE RETURNED COMPRISES 2,684 PARKING SPACES LOCATED IN PRC

  • GROUP AND SINO-OCEAN SERVICE AGREED TO RETURN TO GROUP OF TARGET ASSETS BY SINO-OCEAN SERVICE

Further company coverage: 3377.HK

((Reuters.Briefs@thomsonreuters.com;))

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