Parent company of Guangzhou Investment acquires assets injection from government

A member of the management team of Guangzhou Investment (0123) said after the board meeting that its parent company had acquired injection of the assets in Guangzhou City Construction Corp. by the government of Guangzhou city and the details would be released later on. Regarding whether the assets would be injected in Guangzhou Investment in the future, he said it was still early to say so, but Guangzhou Investment would have more chances to co-develop the property business with its parent company, said he.

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