Brief: Asia Orient Holdings Says Unit Disposed Of KWG Securities At Aggregate Consideration Of US$4.726 Mln
08/04/2020 14:50
April 8 (Reuters) - Asia Orient Holdings Ltd 0214.HK :
* UNIT DISPOSED OF KWG SECURITIES AT AGGREGATE CONSIDERATION
OF
US$4.726 MILLION
* KWG SECURITIES COMPRISE KWG SENIOR NOTES DUE 2023 IN
NOTIONAL
AMOUNT OF US$5 MILLION
* EXPECTED THAT GROUP WILL RECORD GAIN BEFORE TAX AND BEFORE
NON-CONTROLLING INTEREST OF ABOUT HK$12.56 MILLION IN CURRENT FY
Source text for Eikon: urn:newsml:reuters.com:*:nHKS26MVn7
Further company coverage: 0214.HK
((Reuters.Briefs@thomsonreuters.com;))
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