DISCLOSEABLE TRANSACTION COOPERATION AGREEMENTDiscloseable Transaction Cooperation Agreement • December 30th, 2018
Contract Type FiledDecember 30th, 2018The Board is pleased to announce that on 29 December 2018, Merchants Nanjing, an indirect non wholly-owned subsidiary of the Company, entered into the Cooperation Agreement with Nanjing Changmao pursuant to which, among other things, Merchants Nanjing and Nanjing Changmao shall jointly develop the 2018G52 Land through the Project Company. Upon completion of the capital contribution by Merchants Nanjing and Nanjing Changmao in accordance with the terms of the Cooperation Agreement, the Project Company shall be held as to 60% and 40% by Merchants Nanjing and Nanjing Changmao, respectively.