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Shanghai Sanmao (600689): The 10% Equity Interest Of Shufeng Travel Agency Has Not Been Collected Until The Transferee Terminates The Listing.
Shanghai Sanmao (600689) announced that the company, based on the assessment price, has 10% equity interest in the Shanghai Shuo Feng International Travel Service Co., Ltd. (hereinafter referred to as Shuo Feng travel agency), which is publicly transferred through the Shanghai joint stock exchange. The transaction is priced at RMB 2 million yuan, which is 5.82% higher than the assessed value.
The 10% equity interest of Shanghai Shufeng International Travel Service Co., Ltd. (item number: G32018SH1000580) was due to expire in December 27, 2019 for 12 months. If further arrangements are made, the company will perform its decision-making procedures and information disclosure obligations separately.
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