Brief: Chinese Estates Announces Disposal Of Sale Debt Securities

Chinese Estates Holdings

29/01/2020 15:05

Jan 29 (Reuters) - Chinese Estates Holdings Ltd  0127.HK :
    * ANNOUNCES DISPOSAL OF SALE DEBT SECURITIES
    * AGGREGATE DISPOSAL AMOUNT SUBJECT TO CAP AMOUNT EQUAL TO
HK$8,000 MILLION
    * ESTIMATED NET PROCEEDS FROM DISPOSAL AT LEAST ABOUT
HK$6.54
BILLION IN AGGREGATE
    * CHINESE ESTATES HOLDINGS LTD SEES GAIN OF ABOUT HK$195.1
MILLION
AS FAIR VALUE CHANGE OF SALE DEBT SECURITIES

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS7xgWFn
Further company coverage:  0127.HK 

 (Reuters.Briefs@thomsonreuters.com)