BRIEF-Sunac China Says Restructuring Cooperation Of Sichuan Sancha Lake International Tourism Resort

Reuters02-09

Feb 9 (Reuters) - Sunac China Holdings Ltd :

* RESTRUCTURING COOPERATION OF TARGET COMPANY

* GROUP AND OTHER RELEVANT PARTIES ENTERED INTO AGREEMENT

* RESTRUCTURING COOPERATION OF SICHUAN SANCHA LAKE INTERNATIONAL TOURISM RESORT CO

* DEAL FOR TOTAL CONSIDERATION OF APPROXIMATELY RMB3,974 MILLION

* EXPECTS TO RECORD UNAUDITED GAIN BEFORE TAXATION OF ABOUT RMB2,100 MILLION ON RESTRUCTURING COOPERATION

* CONSIDERATION FOR DEBTS IN SICHUAN SANCHA LAKE INTERNATIONAL TOURISM RESORT, CHONGQING YUJINHONG TO SUNAC PARTIES RMB845 MILLION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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