COFCO Land Holdings Limited called a special shareholder meeting in Hong Kong on November 27, 2014.
The meeting approved the modification of the company name and actions and resolutions on acquisitions and specific authorizations.
COFCO Land Holdings Limited made the equity investment of HK$ 12.46 billion in nine properties operated by overseas branches of COFCO Corporation, the parent company, including six Joy Cities, one commercial property and non-controlling interest in another property in Beijing, and non-controlling interest in one property in Shanghai. After the deal, COFCO Land Holdings Limited would change its name to Joy City Property Limited, which would give a clear expression of its main business and assets structure, enhance its brand awareness of Joy City, and pinpoint its market segment of developing urban complexes and commercial properties.
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COFCO Land Holdings Limited Called Special Shareholder Meeting in Hong Kong
Release Time : 2014-12-29
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