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北京建设(00925):中国工业地产拟在北交所以公开挂牌方式出售若干公司股权

Beijing Construction (00925): China Industrial Real Estate plans to sell shares in several companies by way of public listing in Beijiao.

智通財經 ·  Dec 23, 2021 06:56

Zhitong Financial APP News, Beijing Construction (00925) issued a notice that the company is not a wholly-owned subsidiary of China Industrial Real Estate (planned to be in Beijiao, so it is publicly listed for sale of SSinolog (Taicang) III Pte. Ltd. (TCIII), SSinolog (Taicang) IV Pte. Ltd. (TCIV), SSinolog (Changshu) I Pte. Ltd. (CS) and SSinolog (Wuzhong) I Pte. Ltd. (WZ, together with TCIII, TCIV and CS, collectively referred to as the target company) the total issued share capital of each of them is 75%.

The company expects that the proposed disposal will generate substantial cash revenue for the Group, which can be used to reduce the amount of outstanding loans of the Group, thereby reducing financial expenses and enhancing the profitability of the Group in the foreseeable future.

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