Recent events
Recent events tied to this brand in public sources.
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2020
Greentown China subsidiary acquired 35% of Shanghai Zhonghan Property
Greentown China announced that its wholly owned subsidiary Greentown Real Estate Group acquired a 35% stake in Shanghai Zhonghan Property from Xinhu Zhongbao for consideration of RMB 1.9 billion, including share consideration and financial assistance.
2020
Greentown China announces acquisition of interests in four Xinhu Zhongbao projects
Greentown China and Xinhu Zhongbao entered into a share-transfer and project-cooperation agreement under which Greentown China would acquire interests in four projects, including Shanghai Qinglan International City and Shenyang Xianlin Jingu, for RMB 2.279 billion. The report describes the transaction as an agreement, not a completed acquisition.
2020
Greentown China proposes separate listing of Greentown Management
Greentown China announced a proposal to spin off its wholly owned subsidiary Greentown Management and list it independently on the main board of the Hong Kong Stock Exchange. Details of the global offering had not yet been finalized; Greentown China proposed that Greentown Management remain its subsidiary after the spin-off.
2020
Greentown Management announces planned Hong Kong listing
Greentown China announced that its subsidiary Greentown Management would be spun off for a Hong Kong listing and submitted an application to the Hong Kong Stock Exchange on February 28. The listing remained subject to approval.
2019
Greentown China agrees to acquire interests and creditor rights in two Blue City businesses
Greentown China subsidiary Greentown Town agreed to acquire 20% equity interests and associated creditor claims in Blue City Cultural Tourism and Blue City Hailan under separate agreements. The article reports the agreements, not completion of the acquisitions.
2019
Greentown China subsidiary agrees to acquire 40% stake in Zhejiang Yinrun Blue City Real Estate Development
Greentown China announced that its wholly owned subsidiary Greentown Town agreed to acquire a 40% stake in Zhejiang Yinrun Blue City Real Estate Development under a share transfer and cooperation agreement. The acquisition had not been stated to be completed.