theexpress.net.au

Yuexiu Transport Proposes to Acquire 100% of Equity Interests in Lanwei Expressway Company

  • Written by The Express

The Company Makes Progress with GNSR Expressway R&E

HONG KONG SAR - Media OutReach - 18 October 2022 - Yuexiu Transport Infrastructure Limited ("Yuexiu Transport" or the "Company"; stock code: 01052) announced that a wholly-owned subsidiary of the Company has entered into an agreement to acquire 100% of equity interests in the target company which operates Lanwei Expressway in Henan Province ("Target Company") from Guangzhou Yuexiu Holdings Limited at a total consideration of RMB1.098 billion.

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