FilingReader Intelligence
Vanke unit guarantees acquisition, to redeem bonds
April 1, 2025 at 05:28 PM UTC•By FilingReader AI
China Vanke (SZSE:000002) announced that its indirect wholly-owned subsidiary, Wkland Limited, plans to acquire a 50% stake in Wkland Investments II Limited from China Bank Investment, giving it an interest in a Shanghai development site. To facilitate this acquisition, Vanke Property (Hong Kong) Limited will provide a performance guarantee of approximately CNY 500 million for the final transaction consideration and related expenses.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
China Vanke Co., Ltd.'s First Indicative Announcement on the Exercise of the Issuer's Redemption Option for the "20 Vanke 04" Corporate BondsApril 1, 2025 at 11:00 AM UTC
Announcement of Vanke Co., Ltd. on the Exercise of the Issuer's Redemption Option for the "20 Vanke 04" Corporate BondsApril 1, 2025 at 11:00 AM UTC
Announcement on the publication of the Monthly Return on Securities Movements for March 2025 in accordance with the Hong Kong Listing RulesApril 1, 2025 at 10:34 AM UTC
News Alerts
Get instant email alerts when China Vanke publishes news
Free account required • Unsubscribe anytime