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35 — Far East Consortium International News Story

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Brief: Far East Consortium International Disposes All Shares In Charter Joy

BRIEF-Far East Consortium International Disposes All Shares In Charter Joy

- Far East Consortium International Ltd 0035.HK:

  • DISPOSAL OF ALL ISSUED SHARES IN CHARTER JOY LIMITED

  • INITIAL PURCHASE PRICE SET AT HK$750 MILLION, SUBJECT TO CLOSING ADJUSTMENT

  • EXPECTED TO RECORD GAIN FROM DEAL OF HK$423 MILLION


Further company coverage: 0035.HK


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

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