Brief: Asia Tele-Net to dispose entire issued share capital in Pal Properties Limited
05/07/2016 13:39
July 5 (Reuters) - Asia Tele-Net and Technology Corp Ltd 0679.HK :
* Net-disposal of the entire issued share capital in Pal Properties Limited
0679.HK
* Deal at a consideration of hk$182 million
* Unit entered into the disposal agreement with the purchaser and the
purchaser's guarantor
* Purchaser conditionally agreed to acquire, unit conditionally agreed to sell,
entire issued share capital of target company
* Company intends to utilize the net proceeds of the disposal to acquire
another piece of land
* Source text for Eikon ID:nHKScgGsfn
* ((For more news, please click here 0679.HK )) ((Bengaluru Newsroom; +91 806749 1130))
Recent news on Asia Tele-Net and Technology
See all newsBrief: Asia Tele-Net And Technology Corporation Expects HY Net Loss Of Not More Than HK$20 MLN
Brief: Asia Tele-Net And Technology Acquires Deposit Product
Brief: Asia Tele-Net And Technology Acquires Deposit Product At RMB29.8 Mln
Brief: Asia Tele-Net And Technology Corporation Sees Net Loss Of Not More Than HK$20 Million For 2024
Brief: Asia Tele-Net And Technology Corp Acquired Us Treasury Bills For $3.5 Mln