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127 — Chinese Estates Holdings News Story

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Brief: Chinese Estates Announces Disposal Of Listed Securities In China Evergrande

Sept 23 (Reuters) - Chinese Estates Holdings Ltd  0127.HK :
    * TRANSACTION ON DISPOSAL AND POSSIBLE MAJOR TRANSACTION IN
RELATION TO MANDATE FOR DISPOSAL OF LISTED SECURITIES IN CHINA
EVERGRANDE
    * AVERAGE SELLING PRICE PER DISPOSAL SHARE WAS HK$2.26
    * AGGREGATE CONSIDERATION OF HK$246.5 MILLION
    * DURING 30 AUG TO 21 SEPT, DISPOSED OF AN AGGREGATE OF
108.9
MILLION EVERGRANDE SHARES
    * SEES REALISED LOSS IN OTHER COMPREHENSIVE INCOME OF ABOUT
HK$1,376.7 MILLION UPON DISPOSAL FOR FY2021

Source text for Eikon:  ID:nHKS3dHQV1 
Further company coverage:  0127.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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