BAOYING shares: it is proposed to transfer the relevant creditor's rights of Evergrande to the controlling shareholder Sun company
Financial Associated Press, Dec. 13 - Baoying announced that in order to further improve the company's asset liability structure and effectively revitalize its assets, the company signed a creditor's right transfer agreement with Hangcheng land, which plans to transfer the creditor's rights of commercial acceptance bills issued by Evergrande group, Evergrande real estate and its affiliated companies held by the company and its subordinate enterprises to Hangcheng land, The transfer price is 450 million yuan. Hangcheng land is a wholly-owned subsidiary of Hangcheng group, the controlling shareholder of the company.
This text is a result of machine translation.
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