Brief: Carrianna Group announces disposal of equity interests in Carrianna (Hunan) Enterprise
24/07/2017 14:05
July 24 (Reuters) - Carrianna Group Holdings Co Ltd
0126.HK
* Vendor (unit of co), purchaser, Hunan Wancheng and target
co entered into equity transfer agreement
* Purchaser has conditionally agreed to acquire first sale
equity for a cash consideration of RMB442.5 million
* Expected that group will record a loss as a result of
disposals of about HK$100.9 million
* Purchaser to acquire second sale equity for a cash
consideration of RMB357.5 million
* Deal in relation to disposal of equity interests in
Carrianna (Hunan) Enterprise Co.
* Application has been made for resumption of trading with
effect from 25 july 2017
Source text for Eikon: urn:newsml:reuters.com:*:nHKSb9NlSN
Further company coverage: 0126.HK
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