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Yuexiutransport (01052.HK) intends to sell a 60% stake in the Tianjin Jinfu Expressway for 0.191 billion yuan.
Grain 12 Yue 4th, yuexiutransport (01052.HK) announced that on December 4, 2024, the transferor Xiangtong Limited (an indirect wholly-owned subsidiary of the Company) entered into a property trade agreement with the buyer, whereby the transferor agreed to sell and the buyer agreed to acquire the equity (i.e. 60% equity of Tianjin Jinfu Expressway Co., Ltd.), at a price of RMB 0.191 billion. The target company is mainly engaged in the construction, operation, management, and maintenance of Jinxiong Expressway. As of the date of the announcement, the target company is held by the transferor and the buyer respectively hold 60% and 40% of the equity. Since its establishment, the target company has
Express News | Yuexiu Transport Infrastructure - Deal for RMB190.8 Mln
Yuexiu Transport Infrastructure Records Mixed Traffic Volume, Toll Revenue for September
Yuexiutransport (01052): The toll revenue for the Guangzhou North Second Ring Expressway in September was 94.425 million yuan, a year-on-year decrease of 1%.
Yuexiutransport (01052) announced that in September 2024, the revenue from the Guangzhou North Second Ring Expressway toll was 94...
Express News | Yuexiu Transport Infrastructure - Applies to National Association of Financial Market Institutional Investors
Tender Process for 60% Equity Interest in Yuexiu Transport Infrastructure's Stepdown Subsidiary Starts
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