Brief: Chen Hsong Says Unit To Dispose Of Property In Taiwan For HK$224.6 Mln
18/12/2019 14:06
Dec 18 (Reuters) - Chen Hsong Holdings Ltd 0057.HK :
* UNIT TO DISPOSE OF PROPERTY IN HONG CHANG, LUJHU, TAIWAN
AT AN
AGGREGATE CONSIDERATION OF ABOUT HK$224.6 MILLION
* DISPOSAL IS EXPECTED TO ENABLE GROUP TO RECOGNISE AN
UNAUDITED
GAIN OF ABOUT HK$151 MILLION
* NET PROCEEDS FROM DISPOSAL AFTER DEDUCTING RELEVANT COSTS
AND
EXPENSES (BEFORE TAX), ESTIMATED TO BE ABOUT HK$220 MILLION
Source text for Eikon: ID:nHKS6nzRpr
Further company coverage: 0057.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Chen Hsong Holdings
See all newsBrief: Chen Hsong Posts FY Net Income Attributable HKD 154 Million
Brief: Chen Hsong Says Final Dividend Of HK5.0 Cents Per Ordinary Share
Brief: Chen Hsong Posts FY Revenue Of HK$2,010 Mln
Brief: Chen Hsong Recommends Payment Of Final Dividend Of HK7.3 Cents Per Share
Brief: Chen Hsong Says HY Profit Attributable HK$75.1 Mln