Brief: China resources and Transportation Group enters into disposal agreement

China Resources and Transportation

10/01/2017 04:05

Jan 10 (Reuters) - China Resources And Transportation Group 
Ltd  0269.HK : 
    * On 28 December 2016 and 30 December 2016, vendor, 
purchasers and company entered into disposal agreements 
    * Purchaser A has conditionally agreed to acquire sale 
equity A at consideration A of RMB1.125 billion 
    * Entire proceeds from disposal will be used to repay 
outstanding bonds 
    * Application has been made for resumption of trading in 
shares of co with effect from 9:00 a.m. on 10 Jan 2017 
    * Vendor is Cheer Luck Technology, a unit; purchaser A is 
Inner Mongolia Yuanheng Investment 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS8lwTRX 
Further company coverage:  0269.HK  
 
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