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Sunday, November 6, 2011

Rui Room (00272) on sale of property to the ICBC Shanghai

Rui Room (00272) on sale of property to the ICBC Shanghai Ryan Real Estate (00272) announced that its wholly owned subsidiary of Shanghai Yangpu Centre Development to the total cash consideration of 599.9 million yuan (about HK $ 732 million), the sale of the Songhu Road, Yangpu District, Shanghai, China No. 383, commercial office buildings on the ground floor and retail units to the Commercial Bank of China (01398). As for the sale of properties available for rental and sale of construction area of approximately 11,917.12 square meters, ...Rui Room (00272) on sale of property to the ICBC Shanghai

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