BRIEF-Shenzhen International Announces Spin-Off Of Two Logistics Parks Projects

Reuters06-27

June 27 (Reuters) - Shenzhen International Holdings Ltd

* SPIN-OFF OF TWO LOGISTICS PARKS PROJECTS AND OFFERING OF CHINAAMC-SHENZHEN INTERNATIONAL REIT

* LOGISTICS DEVELOPMENT WILL TRANSFER ITS ENTIRE EQUITY INTEREST IN HANGZHOU PROJECT COMPANY AND GUIZHOU PROJECT COMPANY

* CONSIDERATION OF RMB1,117 MILLION

* LOGISTICS DEVELOPMENT WILL TRANSFER ITS ENTIRE EQUITY INTEREST TO HANGZHOU SPV AND GUIZHOU SPV

* CHINAAMC-SHENZHEN INTERNATIONAL REIT HAS COMPLETED ITS OFFERING ON 21 JUNE 2024 AND PLANS TO BE LISTED ON SZSE

* CHINAAMC-SHENZHEN INTERNATIONAL REIT TOTAL FUNDS RAISED RMB1,494 MILLION

Further company coverage:

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

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