Asia
Jin Jiang International Hotels to Offload Subsidiary for 25 Million Yuan to Related Party
Shanghai Jin Jiang International Hotels (SHA:600754, SHA:900934) agreed to dispose of its indirectly-owned subsidiary, Shanghai Jin Jiang International Food & Catering Management, for 24.7 million yuan, according to a Shanghai bourse filing on Tuesday.Shanghai Jin Jiang City Services, which is owned by the company's controlling shareholder, Jin Jiang International (Group), will acquire Jin Jiang International Food & Catering.
SHA:600754SHA:900934