Brief: TCL, unit plans to sell stakes in logistics subsidiary to CJ Korea Express Corp's unit

CJ Logistics

01/08/2016 06:24

Aug 1 (Reuters) - TCL Corp  000100.SZ  
     
    * Says it and technology unit plan to sell 50 percent stake 
in Shenzhen-based logistics subsidiary to China-based unit of CJ 
Korea Express Corp  000120.KS  for 480 million yuan ($72.38 
million) 
     
    Source text in Chinese: http://bit.ly/2anyVpF 
    Further company coverage:  000100.SZ  
 
($1 = 6.6318 Chinese yuan renminbi) 
 
 (Reporting by Hong Kong newsroom) 
 ((christina.lo@thomsonreuters.com; +852 2843-6960; Reuters 
Messaging: christina.lo.thomsonreuters.com@reuters.net))