Shanghai New Huang Pu Industrial (SHA:600638) plans to dispose of the 10% holdings it owns in housing rental subsidiary Shanghai MSI Housing Leasing Operation for 169.6 million yuan, according to a Shanghai Stock Exchange disclosure on Jan. 23.
The stake will be sold to Zhonghui Jinbao No. 1 (Beijing) Urban Leasing Equity Investment Fund Partnership, the Chinese creative park and science park developer said.
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