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3389 Hengdeli Holdings News Story

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Brief: Hengdeli holdings says unit and Zhang entered into agreement

Dec 30 (Reuters) - Hengdeli Holdings Ltd  3389.HK : 
    * Vendors and Zhang entered into agreement 
    * Intends to declare special dividend of not less than 
hk$0.20 per share 
    * Expected that a loss on disposal of approximately rmb490 
million would be recorded 
    * Deal at aggregate cash consideration of approximately 
rmb3.5 billion 
    * Vendors and Zhang entered into agreement vendor a agreed 
to sell Xinyu sale shares and vendor b  agreed to sell Harvest 
Max sale shares 
 
Source text for Eikon:  ID:nHKS3jxkFP  
Further company coverage:  3389.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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