Brief: Trillion Grand Corporate Says Unit To Sell Entire Stake In Jovial Tycoon Holdings

hmvod

21/05/2018 12:21

May 21 (Reuters) - Trillion Grand Corporate Company Ltd
 8103.HK :
    * UNIT TO SELL ENTIRE STAKE IN  JOVIAL TYCOON HOLDINGS LTD
FOR
HK$100 MILLION TO SMINENT INTERNATIONAL
    * SMINENT INTERNATIONAL TO ACQUIRE JOVIAL TYCOON HOLDINGS 
AT
TOTAL CONSIDERATION OF HK$100 MILLION
    * ESTIMATED THAT CO WILL REALISE AN UNAUDITED LOSS ON
DISPOSAL OF
ABOUT HK$0.8 MILLION  UPON COMPLETION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbklBQs
Further company coverage:  8103.HK 

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