Brief: Easyknit International Updates On Disposal Of Ping An Insurance (Group) Co Of China Shares

Easyknit International Holdings

22/08/2018 13:24

Aug 22 (Reuters) - Easyknit International Holdings Ltd
 1218.HK :
    * DISPOSED 607,800 PING AN INSURANCE (GROUP) CO OF CHINA
SHARES
FROM 7 AUG TO 20 AUG
    * GROUP IS EXPECTED TO RECOGNIZE A LOSS OF ABOUT HK$6.7
MILLION
FROM DISPOSAL
    * AFTER DISPOSAL, NO PING AN INSURANCE SHARES ARE OWNED BY
GROUP
    * DISPOSED  PAI SHARES  AT AVERAGE PRICE OF HK$71.26 PER PAI
SHARE
FOR AGGREGATE GROSS SALE PROCEEDS OF HK$43.3 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4nHRC
Further company coverage:  1218.HK 

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