Brief: China Smartpay Group says Joy Grand Investment, Wu Xiaoming enter share disposal agreement
28/09/2017 14:48
Sept 28 (Reuters) - China Smartpay Group Holdings Ltd
8325.HK
* Joy Grand Investment and Wu Xiaoming entered into share
disposal agreement
* Total consideration of sale shares is HK$81.3 million
* Joy grand investment to sell 508 million sale shares of
Zhi Cheng at price of HK$0.16 per sale share
* Company expects to record a gain on disposal of
approximately HK$12.7 million
Source text for Eikon: urn:newsml:reuters.com:*:nHKS7RGQQQ
Further company coverage: 8325.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on China Smartpay group
See all newsBrief: China Smartpay Says Li Xiaojie Appointed As Executive Director
Brief: China Smartpay Group Says Trading In Shares Will Continue To Be Suspended
Brief: China Smartpay Receives Default Notice In Relation To Bonds From Existing Bond Holders
Brief: China Smartpay Sees Unaudited Consolidated Loss Of About HK$2.85 Mln For 9 Months
Brief: Oriental Payment To Issue 200 Million New Shares