Two units of Shirble Department Store Holdings (China) (HKG:0312) agreed to sell Zhuhai Xiangyao Real Estate Development to Zhuhai Hangmeng Times Technology for 1.6 million yuan, a Tuesday filing with the Hong Kong bourse said.
The units, Shenzhen Qianhai Baotong E-commerce and Shenzhen Qingyi Information Consulting, hold 90% and 10% stakes in the target company, respectively.
Zhuhai Xiangyao Real Estate Development engages mainly in the property development business.
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