China Merchants Property Operation & Service to Publicly List Subsidiary for Transfer

MT Newswires Live11-12

China Merchants Property Operation & Service (SHE:001914) proposed to publicly list its 60% equity in subsidiary Hengyang Zhonghang Real Estate for transfer on the Beijing Property Exchange, according to a Shenzhen bourse filing on Wednesday.

The listing reserve price is set at 1.7 million yuan, the Chinese real estate developer said.

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