China Chengtong Development (00217) said it has been notified that Wide Rich Holdings Limited is the successful bidder for the company's entire equity interests in Chengtong Enterprises Investment Limited at a final consideration of Rmb420 million, which is the same as the minimum consideration.
Chengtong Enterprises indirectly owns certain land and buildings situated in Hushitai Town, Shenbei New District, Shenyang City, Liaoning Province.
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