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1803 — Beijing Sports and Entertainment Industry News Story

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Brief: Beijing Sports And Entertainment Industry Group enters provisional agreement

June 28 (Reuters) - Beijing Sports And Entertainment 
Industry Group Ltd  1803.HK  
    * Co and Glory Radiance Limited entered into provisional 
agreement 
    * Co to sell entire issued share capital of Lucky Outset 
Investments with shareholder's loan for HK$120.5 million 
    * It is estimated company will realize an unaudited gain of 
approximately HK$31.1 million from disposal 
 
Source text for Eikon:  ID:nHKS8CC9Z9  
Further company coverage:  1803.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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