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A-Living (03319) to buy stake in property management firm

   A-Living Services (03319) said it agreed to acquire
51% equity interest in Nanjing ZiZhu Property Management Co., Ltd. at Rmb205 million. 
  The target company is principally engaged in the provision of professional property 
management services for residential properties, commercial properties and other 
institutional properties, including banks and memorials in the Yangtze River Delta region 
in the PRC, which can complement the existing business of the Group.
  The acquisition shall be able to expand the Group's business scale and coverage; and  
enhance the Group's market influence and competitiveness in the Yangtze River Delta 
region, both of which meet the strategic development requirement of the Group. 

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