Yuyuan Real Estate, Subsidiary of Royale Home Holdings, Announces 25% Equity Disposal in Dongma

Reuters
28 Apr
Yuyuan Real Estate, Subsidiary of Royale Home Holdings, Announces 25% Equity Disposal in Dongma

Guangzhou Yuyuan Real Estate Development Co., Ltd., a subsidiary of Royale Home Holdings Limited, recently engaged in a notable transaction involving the disposal of a 25% equity interest in Dongma. This move follows the completion of a tender process and was facilitated under the terms of a Capital Injection Agreement, in which Yuyuan Real Estate initially invested RMB50.0 million. The transaction is expected to yield a total return for Yuyuan Real Estate, combining the initial investment with a net return of approximately RMB16.0 million over four years. This strategic decision aligns with Royale Home Holdings Limited's broader financial and operational objectives.

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