Jiangsu Yabang Dyestuff to Sell Entire Stake in Real Estate Leasing Subsidiary
MT Newswires Live
Aug 08
Dye manufacturer Jiangsu Yabang Dyestuff (SHA:603188) will publicly list 100% of its stake in Lianyungang Yaran Housing Leasing for sale on the Jiangsu Property Rights Exchange.
The starting price of 71.9 million yuan reflects a 53.4% premium over book value, according to a Friday filing with the Shanghai bourse.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.