Brief: Rosedale Hotel Holdings Announces Disposal Of 60% Stake In Luoyang Golden Gulf Hotel Co

Greater Bay Area Dynamic Growth Holding

26/11/2018 22:29

Nov 27 (Reuters) - Rosedale Hotel Holdings Ltd  1189.HK :
    * ANNOUNCES DISPOSAL OF 60% EQUITY INTEREST IN LUOYANG
GOLDEN GULF
HOTEL CO
    * DEAL FOR RMB61 MILLION
    * ESTIMATED THAT GROUP WILL RECORD A GAIN OF ABOUT HK$29.6
MILLION
FROM DISPOSAL
    * MADE APPLICATION FOR RESUMPTION OF TRADING IN SHARES ON
STOCK
EXCHANGE WITH EFFECT FROM 9:00 A.M. ON 27 NOV
    * UNIT TO SELL 60% STAKE IN LUOYANG GOLDEN GULF HOTEL CO TO
LUOYANG DINGHE ELECTRIC CONSTRUCTION CO

Source text for Eikon:  ID:nHKSv3mc5 
Further company coverage:  1189.HK 

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