Thursday, August 23, 2012


HLN: Lifts trading halt. Proposes to dispose its stake in Tianjin Swan Lake Real Estate Dev for total of Rmb74.6m. This comprises co's 50.5% sh/h interest in a JV which holds a 30% stake in Tianjin Swan and a pro-rated profit guarantee. Co intends to use the proceeds for bigger property projects.

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