
MAGNUSCONCORDIA sells Sichuan residential project, realizing revenue of 145 million
MAGNUSCONCORDIA (01172.HK) announced the sale of 100% equity and debt of Jinjing Investment to an independent third party, Pioneer Investment. The latter holds a residential property development project located in Zigong City, Sichuan Province, for a cash consideration of HKD 4 million. The estimated proceeds from the sale are approximately HKD 145 million

