Brief: Global Bio-chem Technology announces transfer of two units in Changchun

Global Bio-chem Technology Co

21/07/2017 11:59

July 21 (Reuters) - Global Bio-chem Technology Group Co Ltd 
 0809.HK : 
    * Announces transfer of two subsidiaries in Changchun from 
GSH group to GBT group 
    * Consideration for sale interest is HK$60.9 million which 
shall be payable by purchaser Global Corn Chemical Investments 
at completion 
    * Expected unaudited gain before taxation accrued to gsh 
group as a result of transactions would be about HK$35.8 million 
 
Source text for Eikon:  ID:nHKS3M9KhN  
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