Brief: Chiho Environmental Says On Aug 10, Unit Agreed To Sell 50% Of Kalischatarra

Chiho Environmental

23/12/2022 15:22

Dec 23 (Reuters) - Chiho Environmental Group Ltd
 0976.HK :
    * ON AUG 10, UNIT CONDITIONALLY AGREED TO SELL 50% OF ISSUED
AND
OUTSTANDING MEMBERSHIP INTERESTS IN KALISCHATARRA FOR $16.5
MILLION
    * ON 10 AUG, UNIT AGREED TO SELL 50% OF KALISCHATARRA IRON &
METAL
LLC AND KALISCHATARRA IRON AND METAL NM LLC 
    * DISPOSAL OF 50% OF KALISCHATARRA IRON & METAL LLC AND
KALISCHATARRA IRON AND METAL NM LLC FOR US$3.5 MLN
    * ESTIMATES IT WILL REALISE UNAUDITED NET LOSS OF ABOUT
US$5.6 MLN
ON DISPOSALS FOR YEAR ENDING 31 DEC  

Source text for Eikon:  ID:nHKS32w7kd 
Further company coverage:  0976.HK 
 ((Reuters.Briefs@thomsonreuters.com;))