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Jin Jiang plans to restructure assets.
Thursday, 11th February 2010
Source : HVS International
Shanghai Jin Jiang International Hotels Development Co Ltd (Jin Jiang) has reportedly received approval from the China Securities Regulatory Commission for its asset restructuring plan.

Jin Jiang has plans to acquire the Jin Jiang Inn-branded hotel assets and transfer a 1% stake in Jin Jiang Min Hang Hotel to its parent company as part of the deal.

Currently, Jin Jiang operates and has over 490 hotels under development including luxury and budget hotels.

www.hvs.com
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