china yuchai international limited
Completion of the Sale by HLGE’s Wholly-Owned Subsidiary of Its 60% Equity Interest in Copthorne Hotel Qingdao Co., Ltd.
China Yuchai International | October 31, 2017
SINGAPORE, Oct. 31, 2017 -- Further to its announcement dated August 29, 2017, China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that LKN Investment International Pte. Ltd. ("LKNII"), a wholly-owned subsidiary of HL Global Enterprises Limited ("HLGE") (a company in which China Yuchai has a 48.9% equity interest), has completed the sale of its 60% equity interest in Copthorne Hotel Qingdao Co., Ltd. ("CHQ") to Qingdao Haiyi Jun Zhuo Culture Travel Property Investment Co Ltd ("Haiyi") ("Sale"). The new business licence from...
