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Home / News / Ma

AF Global disposes entire 55% stake in Xuzhou Yinjian LumChang Real Estate Development for $57.6 mil

M&A

AF Global disposes entire 55% stake in Xuzhou Yinjian LumChang Real Estate Development for $57.6 mil

Felicia Tan Published on Mon, Jun 08, 2020 / 8:52 AM GMT+8

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SINGAPORE (June 8): AF Global’s indirect wholly-owned subsidiary LC Logistics has disposed its entire 55% stake in Xuzhou Yinjian LumChang Real Estate Development Co (XZYJLC) for a consideration of RMB292.8 million (S$57.6 million) on Friday (June 5).

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