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Article: RIEYS SELLS EQUITIES OF SANTA BARBARA POLO & RACQUET CLUB
- Article from:
- AsiaInfo Services
- Article date:
- June 8, 2006
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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AsiaInfo Services
06-08-2006
Rieys Sells Equities of Santa Barbara Polo & Racquet Club
BEIJING, Jun 08, 2006 (SinoCast via COMTEX) -- It is known that Guangdong Rieys (Group) Co., Ltd (Rieys) sold 34 equities of the companies under the brand of Santa Barbara Polo & Racquet Club at the price of CNY 102 million, and gained CNY 56 million.
According to the introduction of Rieys' directorate, at the end of May, Rieys signed the equities transfer agreement with Menswear, the subsidiary of CEC.
After the completion of the equities transfer, Rieys, Menswear and SOMANCO will respectively own the equities of the companies under the ...
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