Brief: Dreameast Group Announces Disposal Of Stake In Skyocean Real Estate (Tangshan)
13/09/2018 14:50
Sept 13 (Reuters) - DreamEast Group Ltd 0593.HK :
* ANNOUNCES DISPOSAL OF 58% EFFECTIVE EQUITY INTERESTS IN
SKYOCEAN
REAL ESTATE (TANGSHAN) CO., LTD
* DEAL FOR A TOTAL CONSIDERATION OF HK$1.41 BILLION
* CONSIDERATION TO BE SATISFIED BY SKYOCEAN INVESTMENT
TRANSFERRING SHARES OF CO TO CO AT PRICE OF HK$8.19 PER
BUY-BACKS SHARE
Source text for Eikon: ID:nHKS8TnXZR
Further company coverage: 0593.HK
((Reuters.Briefs@thomsonreuters.com;))
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