Brief: Coastal Greenland To Sell Century East Group Ltd To Affluent Ocean International Ltd
23/01/2018 14:20
Jan 23 (Reuters) - Coastal Greenland Ltd 1124.HK :
* APPLICATION HAS BEEN MADE TO STOCK EXCHANGE FOR
RESUMPTION OF
TRADING IN SHARES FROM 9:00 A.M. ON 24 JAN
* TO SELL CENTURY EAST GROUP LTD FOR RMB3.8 BILLION TO
AFFLUENT
OCEAN INTERNATIONAL LTD
* ESTIMATED THAT CO WILL REALISE AN UNAUDITED GAIN ON
DISPOSAL OF
ABOUT HK$834 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS4tKqJP
Further company coverage: 1124.HK
(bangalore.newsroom@thomsonreuters.com)
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