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118 — Cosmos Machinery Enterprises News Story

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Brief: Cosmos Machinery Enterprises says unit to sell MS Plasticorp RMB82 mln

Sept 1 (Reuters) - Cosmos Machinery Enterprises Ltd 
 0118.HK : 
    * Unit Sunford Enterprises as vendor entered into sale and 
purchase agreement with Giant Express Investment 
    * Purchaser Giant Express Investment conditionally agreed to 
purchase MS Plasticorp for RMB82 million 
    * Disposal is expected to recognise a gain of about RMB26.1 
million to group 
 
Source text (http://bit.ly/2wsNPSl) 
Further company coverage:  0118.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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