Brief: Heng Tai Consumables unit divests Sino Combo International

Heng Tai Consumables

20/01/2017 13:42

Jan 20 (Reuters) - Heng Tai Consumables Group Ltd  0197.HK  
    * Vendor and purchaser entered into disposal agreement 
    * Deal for consideration in sum of HK$200 million 
    * Expected that company will record a gain from disposal of 
approximately HK$35 million 
    * Vendor is HT Jenco International (Holdings); purchaser is 
Cheung Wai Ming 
    * Deal for sale shares: entire issued share capital of 
target company  Sino Combo International 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKSjVZSx 
Further company coverage:  0197.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com))