Brief: Art Textile Technology International says Unit entered into sale and purchase agreement
28/10/2015 14:16
Oct 28 (Reuters) - Art Textile Technology International Co Ltd 0565.HK : * Very substantial disposal in relation to the disposal of subsidiaries and resumption of trading 0565.HK * Unit entered into the sale and purchase agreement with the purchaser * Deal for cash consideration of hk$260.8 million * Applied for resumption of trading in shares of company from 9:00 a.m. on 29 October 2015 * Says pursuant to agreement the purchaser has conditionally agreed to acquire sale shares * Estimated that the group will record a gain of approximately HK$23.3 million from the disposal * Source text for Eikon ID:nHKSbCGX7z ((For more news, please click here 0565.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))