Brief: China Best Group updates on disposal of unit and cessation of coal business
17/12/2015 11:41
Dec 17 (Reuters) - China Best Group Holding Ltd 0370.HK : * On 17 December, co as vendor and free trans holdings as purchaser entered into sale and purchase agreement * Deal for consideration of hk$10 million * Says group expects that there will be a net gain of approximately HK$6 million from the disposal * Says believes that the disposal and the cessation of coal business will reduce operation loss * Says following completion of the disposal, the group will no longer engage in coal business * Source text for EIKON: ID:nHKSKJ1J6 ((For more news, please click here 0370.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
Recent news on Hong Kong Robotics Holding
See all newsBrief: Hong Kong Robotics Group Holding Proposed Rights Issue Of 1 Rights Share For Every 2 Existing Shares
Brief: Hong Kong Robotics Appoints Chen Jianqiu, Jia Liqun As Executive Directors
Brief: Hong Kong Robotics And Tonwell Security Enter Into Product Delivery Agreement
Brief: Hong Kong Robotics Sees Loss Of HK$59 Million For Six Months
Brief: Hong Kong Robotics Says Qin Jie Resigns As Exec Director, Ceases To Be CEO