Sinosoft Technology (01297) said it agreed to acquire the entire equity interest in Nanjing Aisita Real Estate Company Limited at Rmb121 million.
The target company holds a property consisting of four buildings located at No.26 Tianpu Road, Pukou District, Nanjing 211800, Jiangsu Province, PRC with a total aggregate floor area of about 20,829.05 square metres. The property is currently occupied by Sinosoft Technology as the headquarter and research center of the Group. Upon completion, the Group will no longer have to pay for rental of its headquarters.
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