Brief: China Fortune Financial Group updates on disposal agreement

GoFintech Quantum Innovation

03/06/2016 12:27

June 3 (Reuters) - China Fortune Financial Group Ltd  0290.HK : 
 * Discloseable transaction in relation to disposal of equity interest in the target company  0290.HK  
 * The vendor, a wholly-owned subsidiary of the company, and purchaser entered into sale and purchase agreement 
 * Estimated that the group will record an unaudited net loss before taxation of approximately hk$1.4 million upon completion" 
 * Says vendor conditionally agreed to sell and purchaser agreed to purchase 25%of issued share capital of the target company 
 * Source text for Eikon  ID:nHKS6CKspk  
 
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