Brief: Chuang's Consortium International & Unit To Sell Flying Dragon Share & Sav Hospitality Shares
20/12/2021 15:26
Dec 20 (Reuters) - Chuang's Consortium International Ltd
0367.HK :
* CO & UNIT TO SELL AND ASSIGN FLYING DRAGON SHARE AND SAV
HOSPITALITY SHARES & SALE LOANS TO VIA IV (BVI) HOLDCO 7
* AGREEMENT FOR A CONSIDERATION ESTIMATED TO BE NOT MORE
THAN
HK$1.65 BILLION
* SEES AN ESTIMATED NET GAIN FROM DISPOSAL OF APPROXIMATELY
HK$360.1 MILLION
Source text for Eikon: ID:nHKSb5lXDq
Further company coverage: 0367.HK
((reuters.briefs@thomsonreuters.com;))
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