Brief: Asia Standard International Group Says Unit Disposed 21 Mln Lloyds Shares For HK$123.37 Mln

Asia Orient Holdings

24/01/2020 15:09

Jan 24 (Reuters) - Asia Standard International Group Ltd
 0129.HK :
    * ON 22, 23 AND 24 JAN UNIT, ON OPEN MARKET, DISPOSED 21
MILLION
LLOYDS SHARES FOR HK$123.37 MILLION
    * UNIT DISPOSED OF 4.73 MILLION SHARES OF RBS SECURITIES AT
TOTAL
CONSIDERATION OF ABOUT HK$109.15 MILLION
    * AS A RESULT OF DISPOSAL, EXPECTED THAT AO GROUP WILL
RECORD LOSS
OF ABOUT HK$6.92 MILLION
    * AS RESULT OF LLOYDS DISPOSAL, ASI GROUP WILL RECORD LOSS
OF
HK$9.93 MILLION IN CURRENT FY

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1rPW50
Further company coverage:  0129.HK 

 (Reuters.Briefs@thomsonreuters.com)