Brief: China Star Entertainment says entered into agreement for disposal of equity interests and sale loan due by Ace Season Holdings
March 29 (Reuters) - China Star Entertainment Ltd-
0326.HK :
* Disposal Of The Entire Equity Interests In And The Sale
Loan Due By Ace Season Holdings Limited
* Deal at an aggregate purchase price of hk$85 million
* Will record a gain of approximately hk$1.6 million upon
disposal
* "expected that disposal will not have any significant
impact on revenue and profits of group"
Source text for Eikon: ID:nHKSbJhS8f
Further company coverage: 0326.HK
((Bangalore.newsroom@thomsonreuters.com ;))
Recent news on China Star Entertainment
See all newsBrief: China Star Entertainment Says Heung Wah Keung Family Endowment Shareholding To Decrease To 50.20% Of Issued Capital
Brief: China Star Entertainment Says Directors Do Not Recommend The Payment Of An Interim Dividend
Hong Kong's China Star Entertainment H1 net loss narrows amid lower administrative expenses
Brief: China Star Entertainment Expects HY Loss Of HK$50 Million-HK$62 Million
Brief: China Star Entertainment FY Loss Attributable Hk$443.8 Million