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926 — Besunyen Holdings News Story

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Brief: Besunyen Holdings Co says unit entered into equity transfer agreement

March 10 (Reuters) - Besunyen Holdings Co Ltd  0926.HK  
    * Unit, entered into equity transfer agreement with 
Zhonghang Tuohong and Besunyen Food and Beverage 
    * Beijing Outsell agreed to dispose 100% equity interest in 
Besunyen Food and Beverage for RMB75 million 
    * Besunyen Food and Beverage agreed to pay debt of RMB50 
million to Beijing Outsell 
    * Upon completion of equity transfer, company expects to 
record a gain on disposal of approximately RMB28 million 
 
Source text for Eikon:  ID:nHKS8FScDD  
Further company coverage:  0926.HK  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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