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8081 Baijuyi Holdings News Story

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Brief: China Mobile Games and Cultural Investment updates on disposal of interest in target

Dec 21 (Reuters) - China Mobile Games and Cultural Investment Ltd  8081.HK : 
 * Discloseable and connected transaction: disposal of 51% interest in the target  
 * Vendor, a wholly-owned subsidiary of the company and the purchaser entered into the sp agreement 
 * Pursuant to deal the vendor has agreed to sell and the purchaser has agreed to acquire the sale shares 
 * Says the consideration is HK$8.2 million 
 * Says consideration has been satisfied by the purchaser in cash 
 * Says expect to recognise an unaudited gain of approximately HK$620,000 from disposal 
 
 * Source text for Eikon  ID:nHKS43RDYn  
 
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