Brief: Guangdong Hong Kong Greater Bay Area Announces Disposal Of Shenzhen Jingzhen Industrial

Greater Bay Area AI Computingtech

15/11/2023 11:02

Nov 15 (Reuters) - Guangdong Hong Kong Greater Bay Area
Holdings Ltd  1396.HK :
    * DISPOSAL OF TARGET INTERESTS
    * UNIT AND SHENZHEN HONG ZHAN INVESTMENT COMPANY ENTERED
INTO
SHARE TRANSFER AGREEMENT
    * SHENZHEN HONG ZHAN INVESTMENT CO TO BUY SHENZHEN JINGZHEN
INDUSTRIAL CO
    * A GAIN OF RMB70.0 MILLION ARISING FROM DISPOSAL IS
EXPECTED
    * DISPOSAL AT TOTAL CONSIDERATION OF RMB52.0 MILLION

Further company coverage:  1396.HK 

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