Brief: Dexin China Says Unit To Sell 54.54% Of Stake In Hangzhou Haiyan Technology Co
11/05/2022 15:32
May 11 (Reuters) - Dexin China Holdings Company Ltd
2019.HK :
* DEXIN REAL ESTATE TO SELL 54.54% OF STAKE IN HANGZHOU
HAIYAN
TECHNOLOGY CO
* DEAL FOR CONSIDERATION OF RMB453.7 MILLION
* HANGZHOU LANGHE TO SELL 45.46% STAKE IN HANGZHOU HAIYAN
TECHNOLOGY CO
* AS RESULT OF DISPOSAL, CO EXPECTED TO RECORD UNAUDITED
LOSS
BEFORE TAX OF RMB14.0 MILLION
* HANGZHOU KUOCANG INVESTMENT MANAGEMENT TO PAY RMB378.2
MILLION
TO HANGZHOU LANGHE FOR 45.46% STAKE IN HANGZHOU HAIYAN
TECHNOLOGY
Further company coverage: 2019.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Dexin China Holdings
See all newsBrief: Listing Of Dexin China's Shares To Be Cancelled On 7 Jan, HKEX Says
Brief: Dexin China Says Fei Zhongmin Tendered His Resignation As An Executive Director
Brief: Dexin China Says Winding Up Order Against Company
Brief: Chinese Builder Dexin Receives Liquidation Order From HK Court - Bloomberg News
Brief: Dexin China Sees Net Loss Ranging From RMB1,900 Mln To RMB2,050 Mln For Year