Sunac spends 15.3 billion yuan to purchase 18 projects in cities such as Chengdu and Changsha

Financial news

Written by: Zhai Ziqian

2019-11-27 19:36

Sunac China (01918) announced after the closing of the market. At a consideration of approximately 15.269 billion yuan (RMB, the same below), through Sunac Southwest Group, 51% equity interests in Global Century and Times Global were acquired from Yunnan Urban Investment Group through Yunnan Resources. .

After the completion of the transaction, Global Century and Time Global will become indirect subsidiaries of Sunac China, holding 51% of the equity of the above project, and will reach a cooperation arrangement with 6 shareholders holding a total of 49% of the total shares to complete the delivery of the target equity Within the next 30 days, Sunac can obtain a distribution profit of approximately 7.143 billion yuan.

The announcement stated that Universal Century and Times Global developed 18 projects in Chengdu, Wuhan, Changsha, Kunming and other cities, with a total construction area of ​​approximately 30.716 million square meters, a saleable construction area of ​​approximately 27.716 million square meters, and an unsold construction area of ​​approximately 23.09 million. Square meters.

Changshi sells Dalian project reportedly to Sunac for more than 4 billion yuan

HSI company announces unchanged HSI constituent stocks portfolio, including Geely and Sunac 5 shares

Sunac China