Brief: Chengdu Putian Telecommunications Cable Disposes 12.5% Stake In Putian Fasten
24/07/2020 15:20
July 24 (Reuters) - Chengdu PUTIAN Telecommunications Cable
Co Ltd 1202.HK :
* BOARD RESOLVED ON DISPOSAL OF 12.5% STAKE IN PUTIAN FASTEN
HELD
BY CO
* MINIMUM CONSIDERATION OF POTENTIAL DISPOSAL SHALL BE ABOUT
RMB67
MILLION
* CHENGDU PUTIAN TELECOMMUNICATIONS CABLE SEES A GAIN BEFORE
TAX
OF ABOUT RMB5.2 MILLION FROM POTENTIAL DISPOSAL
Source text for Eikon: urn:newsml:reuters.com:*:nHKSc2t1cv
Further company coverage: 1202.HK
((Reuters.Briefs@thomsonreuters.com;))
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