Ryan Property: Entering into a cooperation agreement with China Life Trust constitutes a connected transaction

Ryan Property announced that the company has entered into a cooperation agreement with China Life Trust to establish a joint venture for equity transfer and holding project assets. The joint venture will hold 99% of the project company’s equity. The company, through Ryan General Partner and Shanghai Ryan, owns a 40.5% partnership interest in the joint venture. This transaction constitutes a connected transaction under Chapter 14A of the Listing Rules but will not have a significant impact on the Group’s financial statements.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)