Brief: Dah Sing Banking updates on disposal of life insurance companies

Dah Sing Banking

02/06/2016 15:54

June 2 (Reuters) - Dah Sing Banking Group Ltd  2356.HK : 
 * Says dsfh entered into the share sale agreement with the purchaser 
 * Dsla shall make an upfront payment of hk$1.97 billion and 10 equal deferred payments in the amount of hk$52.8 million each to dsb 
 * Dsb (a wholly owned subsidiary of the company) proposes to enter into Hong Kong distribution agreement with dsla and dsis 
 * Dah Sing Financial holdings and Macau insurance company agreed to sell entire issued share capital of each of dsla, dsis and mlic 
 * Source text for Eikon  ID:nHKS3cFbZ3  
 
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