[ET Net News Agency, 2 January 2018] Yuexiu Property (00123) said it agreed to place 77
million units in Yuexiu Real Estate Investment Trust (00405) at HK$4.89 per unit through
Dragon Yield Holding Limited and and Yuexiu International Investment Limited.
The gross proceeds from the proposed placement are estimated to be about HK$376.53
million in total. The net proceeds will be used for general working capital purposes. (HL)