Brief: Far East Consortium International Says Unit To Sell One Ordinary Share Of Hk$1.00 In Sanon Ltd

Far East Consortium International

06/12/2021 15:15

Dec 6 (Reuters) - Far East Consortium International Ltd
 0035.HK :
    * UNIT TO SELL ONE ORDINARY SHARE OF HK$1.00 IN SANON LTD
    * UNIT TO ASSIGN AND TRANSFER ENTIRE LOAN OWING BY SANON,
AMOUNT
OF WHICH SHALL NOT EXCEED HK$3.38 BILLION
    * SEES FURTHER FAIR VALUE GAINS OF HK$500 MILLION WILL BE
RECOGNISED BEFORE AND/OR UPON COMPLETION FROM DISPOSAL

Source text for Eikon:  ID:nHKS9m30g8 
Further company coverage:  0035.HK 

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