Brief: ASL Marine Says Unit Enters Deal For Sale Of Its Entire Stake In Jiangmen Hongda Shipyard
29/07/2019 15:02
July 29 (Reuters) - ASL Marine Holdings Ltd ASLM.SI :
* UNIT ENTERED SHARE PURCHASE AGREEMENT WITH GUANGDONG SANHE
PILE
FOR SALE OF UNIT'S ENTIRE STAKE IN JIANGMEN HONGDA SHIPYARD
* DEAL FOR RMB35 MILLION
* PROPOSED DISPOSAL IS EXPECTED TO RESULT IN A GAIN ON
DISPOSAL OF
ABOUT S$8.9 MILLION
Source text for Eikon: ID:nSNZ2xlDfl
Further company coverage: ASLM.SI
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