Country Garden Services to sell its 1.49% stake in Zhuhai Wanda for $446m

Country Garden Services to sell its 1.49% stake in Zhuhai Wanda for $446m

FILE PHOTO: A drone view of an under-construction residential development by Country Garden in Shanghai, China February 29, 2024. REUTERS/Xihao Jiang/File Photo

Country Garden Services, the property services arm of Chinese property developer Country Garden, said on Wednesday it agreed to sell its 1.49% stake in Zhuhai Wanda Commercial Management for 3.14 billion yuan ($446.54 million).