BRIEF-Sunac Services & Sunac Group Enter Equity Income Rights Agreement

Reuters03-15

March 15 (Reuters) - Sunac Services Holdings Ltd

:

* ACQUISITION THROUGH SETTLEMENT OF PARTIAL RECEIVABLES

* CO & SUNAC GROUP ENTERED EQUITY INCOME RIGHTS & DEBT INTERESTS TRANSFER & REPURCHASE AGREEMENT

* SUNAC GROUP TO TRANSFER EQUITY INCOME RIGHTS OF 100% STAKE IN SUZHOU HAOYING ENTERPRISE MANAGEMENT FOR RMB100 MILLION

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