Brief: C.Banner International Announces Disposal Of Entire Issued Share Capital Of Hamleys Global

C banner International Holdings

14/05/2019 15:08

May 14 (Reuters) - C.Banner International Holdings Ltd
 1028.HK :
    * ANNOUNCES DISPOSAL OF ENTIRE ISSUED SHARE CAPITAL OF
HAMLEYS
GLOBAL HOLDINGS LIMITED
    * APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
SHARES ON STOCK EXCHANGE FROM 9:00 A.M. ON MAY 15
    * RELIANCE BRANDS LTD SHALL PAY TO CO £34.3 MILLION FOR
ENTIRE
ISSUED SHARE CAPITAL OF HAMLEYS GLOBAL HOLDINGS LTD
    * DISPOSAL IS CURRENTLY EXPECTED TO RECORD A LOSS OF ABOUT
£1.0
MILLION (ABOUT HK$10.2 MILLION)

Source text for Eikon:  ID:nHKS8gvsm7 
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 ((Reuters.Briefs@thomsonreuters.com;))