Min Xin Properties sells Min Xin (Suzhou) stake

The sale price is over HK$283 million.

Min Xin Properties Limited, an indirect wholly-owned subsidiary of Min Xin Holdings Limited, sold 100% of its equity interest in Min Xin (Suzhou) to Citichamp Dartong Co., Ltd.

Total consideration is RMB227,884,000 or approximately HK$283,442,000.

Upon completion of the disposal, Min Xin (Suzhou) will cease to be an indirect wholly-owned subsidiary of Min Xin Properties.

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