Brief: Hanison Construction To Dispose 50 Pct Stake In Gallant Elite Enterprises For HK$800 Mln
Feb 21 (Reuters) - Hanison Construction Holdings Ltd
0896.HK :
* HANISON CONSTRUCTION HOLDINGS LTD ANNOUNCES DISPOSAL OF
50%
INTEREST IN GALLANT ELITE ENTERPRISES LIMITED FOR HK$800
MILLION TO HILUX II CAYMAN LTD
* EXPECTS GAIN ON CHANGE IN FAIR VALUE OF INVESTMENT
PROPERTIES
OF ABOUT HK$288.8 MILLION BEFORE COSTS AND EXPENSES
Source text for Eikon: ID:nHKSbZt9R2
Further company coverage: 0896.HK
((bangalore.newsroom@thomsonreuters.com;))
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