Brief: Annaik Ltd Says Linxing Water Supply Co Enters Agreement For Sale Of Linxing's Fixed Assets
20/08/2019 11:33
Aug 20 (Reuters) - Annaik Ltd AAIK.SI :
* LINXING WATER SUPPLY CO ENTERED AGREEMENT FOR SALE OF
LINXING'S
FIXED ASSETS
* CONSIDERATION FOR PROPOSED DISPOSAL RMB 16.2 MILLION
* LINXING WATER SUPPLY CO ENTERED AGREEMENT WITH CHANGXING
LINCHENG QINGQUAN WATER SUPPLY CO AS PURCHASER
* CONSIDERATION AS COMPARED TO NET BOOK VALUE WILL RESULT IN
A
GAIN ON DISPOSAL OF RMB 7.5 MILLION TO BE RECORDED IN LINXING'S
ACCOUNTS
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ5KBPtJ
Further company coverage: AAIK.SI
((Reuters.Briefs@thomsonreuters.com;))
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Brief: Annaik Ltd Says Linxing Water Supply Co Enters Agreement For Sale Of Linxing's Fixed Assets