Jan 6 (Reuters) - Guangzhou R&F Properties Co Ltd
:
* REFERS TO PROPOSED DISPOSAL OF CERTAIN PROPERTIES BY GROUP TO KINETIC DEVELOPMENT GROUP
* TO TRANSFER TO KINETIC QINHUANGDAO CREDITOR'S RIGHTS HELD AGAINST QINHUANGDAO JIFU PROPERTIES FOR RMB564.6 MILLION
* AS AT JAN 6, KINETIC DEVELOPMENT GROUP HAS MADE A PARTIAL PAYMENT OF RMB564.6 MILLION UNDER AGREEMENT
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