Brief: Baic Motor Investment To Exit Entire Equity Interest In BHAF
Yesterday 18:15
BRIEF-Baic Motor Investment To Exit Entire Equity Interest In BHAF Oct 21 (Reuters) - BAIC Motor Corp Ltd 1958.HK:
INVESTMENT TO EXIT ENTIRE EQUITY INTEREST IN BHAF
INVESTMENT TO EXIT 33% EQUITY IN BHAF FOR RMB2,207.70 MILLION
BEIJING HYUNDAI TO EXIT 14% EQUITY IN BHAF FOR RMB936.60 MILLION
EXPECTS TO RECOGNIZE UNAUDITED NET GAIN BEFORE TAXATION AND AFTER TRANSACTION COSTS AND EXPENSES ON EXIT
NET PROFIT AFTER TAXATION ATTRIBUTABLE IS EXPECTED TO BE RMB14.23 MILLION FROM EXIT
Further company coverage: 1958.HK
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