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Brief: Shihua Development Co enters agreement

March 6 (Reuters) - Shihua Development Co Ltd  0485.HK : 
 
 * Discloseable transaction  0485.HK  
 * On 6 March 2016, the company and the purchaser entered into the agreement 
 * Says purchaser has agreed to purchase the sale share at a consideration of  RMB118 million 
 * Says the estimated net proceeds from the disposal is approximately hk$10.5   million 
 
 * Source text for Eikon  ID:nHKS4g983D  
 
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