China Resources Land Limited Announces Acquisition of Equity Interests in Target Company in Connected Transaction

Reuters
07-17
China Resources Land Limited Announces Acquisition of Equity Interests in Target Company in Connected Transaction

China Resources Land Limited has announced a supplemental update regarding its connected transaction involving the acquisition of equity interests in a target company. The acquisition, governed by the Equity Transfer Agreement, involves a consideration of approximately RMB200.79 million. This amount was determined after extensive negotiations, taking into account the appraised value of the target equity, the shareholder's loan, and current market conditions. The transaction is based on an asset-based valuation approach conducted by an independent valuer as of July 31, 2024. This announcement ensures stakeholders that all other details of the original announcement remain unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Resources Land Limited published the original content used to generate this news brief on July 17, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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