Brief: South Sea Petroleum announces disposal of certain fixed assets of subsidiaries

Elate Holdings

16/06/2017 11:13

June 16 (Reuters) - South Sea Petroleum Holdings Ltd 
 0076.HK  
    * Announces disposal of certain fixed assets of subsidiaries 
    * Purchaser agreed to acquire target assets at a 
consideration of RMB50 million 
    * Group is expected to realise a gain of approximately RMB4 
million (before taxation) as a result of disposal 
 
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Further company coverage:  0076.HK  
 
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