Brief: Starrise Media Holdings Ltd Announces Disposal Of Power Fit Limited

A Metaverse Co

13/08/2019 15:58

Aug 13 (Reuters) - Starrise Media Holdings Ltd  1616.HK :
    * ANNOUNCES DISPOSAL OF ENTIRE ISSUED SHARE CAPITAL OF POWER
FIT
LIMITED
    * STARRISE MEDIA - COMPANY TO SELL SALE INTEREST,
REPRESENTING
ENTIRE ISSUED AND PAID UP SHARE CAPITAL OF POWER FIT TO EXCEL
ORIENT LIMITED
    * DISPOSAL DEAL FOR RMB335.3 MILLION
    * EXPECTED THAT COMPANY WILL RECORD A GAIN ON DISPOSAL OF
ABOUT
RMB9.55 MILLION

Source text for Eikon:  ID:nHKS2Nf4m8 
Further company coverage:  1616.HK 

 ((Reuters.Briefs@thomsonreuters.com;))