Brief: Four Seas Mercantile says unit entered into agreement with purchaser
20/03/2017 14:50
March 20 (Reuters) - Four Seas Mercantile Holdings Ltd
0374.HK :
* Vendor, an indirect wholly-owned subsidiary of company,
and purchaser entered into agreement
* Deal for HK$368 million
* Expected to realise a total gain on disposal of
approximately HK$320 million
* Purchaser being Well Harbour (H.K.) Limited, vendor being
Four Seas Mercantile Limited
Source text for Eikon: urn:newsml:reuters.com:*:nHKS91QsfF
Further company coverage: 0374.HK
((Bangalore.newsroom@thomsonreuters.com;))
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