29.01.2014 09:52:00

Franshion Brilliant Limited -- Moody's: Franshion's land acquisition will weaken its current rating headroom

Hong Kong, January 29, 2014 -- Moody's Investors Service says that Franshion Properties (China) Limited's acquisition of a parcel of land in Shanghai for RMB10.1 billion will reduce the liquidity and financial cushion necessary to support its ratings and their stable outlook.

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