BRIEF-Beijing Capital Land Proposed To Dispose Of 51% Stake Of Capital Qinglv (Kunshan) Real Estate

Nov 11 (Reuters) - Beijing Capital Land Ltd:

* CO PROPOSED TO DISPOSE OF 51% STAKE OF CAPITAL QINGLV (KUNSHAN) REAL ESTATE CO BY EQUITY TRANSFER THROUGH PUBLIC TENDER IN CBEX

* BASE PRICE OF TRANSFER OF 51% STAKE OF CAPITAL QINGLV (KUNSHAN) REAL ESTATE IS RMB686.1 MILLION

* BASED ON BASE PRICE OF TRANSFER FOR CALCULATION, EXPECTED UNAUDITED PROFIT BEFORE TAX ABOUT RMB336.5 MILLION Source text for Eikon: Further company coverage: