Brief: Coolpad Group Says Unit To Sell 20% Equity Interest In Yulong Weixin

Coolpad

26/09/2023 02:59

Sept 26 (Reuters) - Coolpad Group Ltd  2369.HK :
    * UNIT TO SELL 20% EQUITY INTEREST IN YULONG WEIXIN FOR
RMB60
MILLION
    * WILL REALISE A GAIN ON DONGGUAN DISPOSAL BEFORE TAXATION
OF
RMB59.5 MILLION
    * UNIT TO SELL 50% EQUITY INTEREST IN DONGGUAN TIAN'AN FOR
RMB80
MILLION
    * WILL REALISE A LOSS ON NANJING DISPOSAL BEFORE TAXATION OF
RMB13.4 MILLION


Further company coverage:  2369.HK 

 ((Reuters.Briefs@thomsonreuters.com;))