Brief: SJI plans sale of HK-based unit and related creditor's rights
26/10/2016 10:21
Oct 26 (Reuters) - SJI Inc 2315.T :
* Says co plans to sell 100 percent stake of shares in unit
SJI-HK, which is wholly owned by co's wholly owned unit SJ Asia
Pacific Limited (SJAP), at 2 million yen in total, on Oct. 25
* Says SJI-HK and SJI-HK's two wholly owned units,
Fujian-based info tech firm(LDZX) and Shanghai-based electricity
tech firm(LDSH), will no longer be the units of co's after
transaction
* Creditor's rights to LDSH and SJI-HK owned by co and
creditor's rights to LDSH owned by SJAP, which reaches about
1.26 billion yen, will be sold at HK$3
Source text in Japanese: https://goo.gl/Qu0xNT
Further company coverage: 2315.T
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