Brief: China High Speed Transmission Equipment says unit entered into sale and purchase agreement

China High Speed Transmission Equipment

27/04/2017 15:16

April 27 (Reuters) - China High Speed Transmission Equipment 
Group Co Ltd  0658.HK : 
    * Purchaser and vendor, unit of company, entered into sale 
and purchase agreement 
    * Deal at a consideration of rmb155.2 million 
    * Group is expected to record a gain of approximately 
rmb44.3 million from the disposal 
    * Nanjing High Accurate Drive Equipment Manufacturing to 
sell, Jiangsu Shiji Yuntong Technology to purchase entire equity 
interest of disposal 
 
Source text: [http://bit.ly/2qascm7] 
Further company coverage:  0658.HK  
 
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