First Service Subsidiary to Inject 16.5 Million Yuan in Capital for Investment

MT Newswires Live

2024/12/24

First Service (HKG:2107) subsidiary First Property will inject up to 16.5 million yuan in capital to Beijing Tengyun Century Enterprise Management Consulting Partnership, according to a Monday filing with the Hong Kong stock exchange.

The investment will allow Bejing Tengyung to invest 45 million yuan in Wuhu Dezhixin Project Investment Partnership Enterprise.

Wuhu Dezhixin Project Investment Partnership Enterprise is the owner of Beijing Hao Sheng Enterprise Management Consulting, which in turn owns 42 real estate units in Beijing with a construction area of 12,302.41 square meters, the filing said.

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