Greater China

Yangzijiang Shipbuilding sells non-core subsidiary businesses

Shanghai: Yangzijiang Shipbuilding (Holdings) has restructured and divested its non-core property subsidiaries to focus on shipbuilding and its related businesses.

Singapore-listed Yangzijiang has disposed of all its equity interests in the registered capital of Taizhou Hengjian Real Estate, Shanghai Jiaxuan Hotel Management, plus Changzhou Green Field Quint Real Estate and its subsidiary Changzhou Green Field Chanson Real Estate, the company said in an exchange filing today. [24/10/14]

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