BRIEF-Yuexiu Property Disposes Of Equity In Guangzhou Grandcity Development

Reuters

2024/12/04

Dec 4 (Reuters) - Yuexiu Property Co Ltd :

* DISPOSAL OF ENTIRE EQUITY INTERESTS IN GUANGZHOU GRANDCITY DEVELOPMENT FOR RMB1.09 BILLION

* EXPECTED TO RECORD GAIN (AFTER TAX) OF RMB876 MILLION ON DISPOSAL

Further company coverage:

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

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