Brief: See Corp Ltd says unit enters sale and purchase agreement

Emperor Culture

08/04/2016 13:28

April 8 (Reuters) - See Corp Ltd  0491.HK : 
 
 * Discloseable transaction disposal of property  0491.HK  
 * Vendor, a direct wholly-owned subsidiary of the company, entered into the S&P agreement 
 * S&P agreement with the purchaser 
 * Purchaser has agreed to acquire, the sale share 
 * Deal for consideration of hk$38 million 
 * Estimated that upon completion, the net gain arising from the disposal is  expected to be approximately hk$18.4 million 
 * Intends to use the net proceeds from the disposal as general working capital  of the group and for such other business opportunities 
 
* Source text for Eikon  ID:nHKSbp3853  
 
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