Brief: Coastal Greenland announces disposal of 70% equity interests in a unit
08/08/2016 23:07
Aug 9 (Reuters) - Coastal Greenland Ltd 1124.HK : * Very substantial disposal in relation to the disposal of 70% equity interests in a wholly-owned subsidiary and resumption of trading 1124.HK * On 3 August 2016, the vendors, the target company and the purchaser entered into the disposal agreement * Deal for a total consideration of RMB875 million * Application has been made for resumption of trading in shares on stock exchange from 9:00 a.m. on Tuesday, 9 August * Source text for Eikon ID:nHKS5s8865 ((Further company coverage: 1124.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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