Hong Kong, March 15, 2016 -- Moody's Investors Service says that Shanghai Shimao Co., Ltd.'s (unrated) proposed non-public share issue and related-party transactions -- if successfully executed -- will be credit positive for its parent, Shimao Property Holdings Limited (Ba2 stable), because the transactions will help control Shimao Property's total debt levels, strengthen the parent company's liquidity profile, and add clarity to its business strategies.
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