Brief: GCL New Energy Says Units To Sell 70.36% Stake In Qinzhou Xin Jin & 67.95% Stake In Shanglin Gcl

Dynasty Digital Holdings

10/12/2020 14:32

Dec 10 (Reuters) - GCL New Energy Holdings Ltd  0451.HK :
    * UNITS TO SELL 70.36% STAKE IN QINZHOU XIN JIN & 67.95%
STAKE IN
SHANGLIN GCL
    * UNITS TO SELL ENTIRE STAKES IN NANNING JINFU & HAINAN
TIANLIKE
    * AGGREGATE CONSIDERATION FOR DISPOSALS ABOUT RMB291.3
MILLION
    * GCL-POLY & GNE WILL REALISE NET LOSS ON DISPOSALS OF ABOUT
RMB10
MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS9rgZVj
Further company coverage:  0451.HK 

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