crown city datong: due diligence and financial audits of real estate transfer transactions are ongoing
2024-09-09
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beijing news shell finance (reporter duan wenping) on september 9, crown castle co., ltd. (hereinafter referred to as "crown castle") issued an announcement on the progress of planning major asset sales and related transactions.
the announcement stated that the company is currently organizing relevant parties to sort out the scope of the target assets and conduct in-depth demonstration of the plan. at the same time, the due diligence, financial audit and other work involved in this transaction are being continuously promoted according to the transaction progress. the company will promote and accelerate the completion of the relevant matters of this transaction as soon as possible. the specific scope of the target assets and transaction price of this transaction have not been finalized, and the two parties to the transaction have not signed the relevant agreement. after all the relevant work is completed, the company will perform the corresponding decision-making, approval procedures and information disclosure obligations in accordance with relevant regulations.
previously, crown castle announced that it plans to transfer the assets and liabilities related to its real estate development business to the company's controlling shareholder (or an affiliated company designated by the actual controller).
proofread by mu xiangtong
