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896 — Hanison Construction Holdings News Story

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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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