Brief: Avic Joy Holdings updates on disposal of 40 pct equity interest in Sino Gas Holdings Group
07/10/2016 15:49
Oct 7 (Reuters) - Avic Joy Holdings HK Ltd 0260.HK
* Vendor conditionally agreed to sell and purchaser has
conditionally agreed to purchase Sino Gas Sale Shares and China
Full Sale Loan
* Expects gain on disposal (before tax) of approximately
HK$25.0 million
* Company, vendor, purchaser and Sino Gas Bvi entered into
share transfer agreement
* Deal for consideration of HK$88.3 million
* Transaction in relation to disposal of 40% equity interest
in Sino Gas Holdings Group Limited
Source text for Eikon: ID:nHKS9SsLPW
Further company coverage: 0260.HK
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