Brief: Continental Holdings To Sell 25% Stake In Propco (Ontrack)
29/10/2018 23:00
Oct 30 (Reuters) - Continental Holdings Ltd 0513.HK :
* WILL SELL 25% STAKE IN PROPCO (ONTRACK) TO PURCHASER
ONTRACK
* INITIAL CONSIDERATION OF DISPOSAL IS ESTIMATED TO BE ABOUT
HK$186.8 MILLION
* EXPECTED THAT GROUP WILL RECOGNISE A GAIN OF ABOUT HK$5.4
MILLION ON DISPOSAL OF 25 PERCENT STAKE IN PROCO
Source text for Eikon: ID:nHKS2lbHKH
Further company coverage: 0513.HK
((Reuters.Briefs@thomsonreuters.com;))
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