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03396 LEGENDHOLDING
RTNominal up5.900 +0.020 (+0.340%)
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27/12/2019 11:46

Legend Holdings (03396) unit to set up fund

[ET Net News Agency, 27 December 2019] Legend Holdings Corporation (03396) said
Dongfangqihui (a subsidiary of the company, and as one of the limited partners) and other
limited partners jointly entered into a partnership agreement with Hony Capital Management
(as the general partner and manager) to set up a fund.
The total amount of the final capital commitment of Dongfangqihui shall not exceed
RMB800 million, and the proportion of its commitment shall not exceed 20% of the total
size of the fund.
The fund focuses on investment in value-added investment properties in first- and
second-tier cities in the PRC. (RC)

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