Brief: A8 New Media Group associate company enters into equity transfer agreement

A8 New Media

04/09/2017 11:30

Sept 4 (Reuters) - A8 New Media Group Ltd  0800.HK  
    * Beijing Duomi entered into conditional equity transfer 
agreement with Jiahui (Pingtan) investment management center 
partnership 
    * Deal for a consideration of RMB875.5 million in cash 
    * Beijing Duomi expects to recognise an unaudited accounting 
gain of approximately RMB807.8 million from disposal 
 
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