Brief: Allied Group announces disposal of subsidiary
24/08/2016 14:28
Aug 24 (Reuters) - Allied Group Ltd 0373.HK : * Discloseable transaction - disposal of subsidiary 0373.HK * Vendor, the purchaser and the liquidators entered into the agreement * Purchaser conditionally agreed to purchase the entire issued share capital in the target company * Deal for hk$400 million * Says the group would recognise a gain of hk$390 million from the disposal * Source text for Eikon ID:nHKS3R1TlH * ((Further company coverage: 0373.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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