Brief: Hong Leong Asia Says Unit Entered SPA With Taicang Loucheng High-Tech Group For Sale Of Property

Hong Leong Asia

30/09/2020 13:29

Sept 30 (Reuters) - Hong Leong Asia Ltd  HLAA.SI :
    * UNIT ENTERED SPA WITH TAICANG LOUCHENG HIGH-TECH GROUP FOR
SALE
OF PROPERTY AT NO. 82, GUANGZHOU EAST ROAD, TAICANG, CHINA
    * UNIT TO SELL STATE-OWNED CONSTRUCTION LAND USE RIGHTS,
HOME
OWNERSHIP RIGHTS & FACILITIES & ASSETS ATTACHED TO PROPERTY
    * PROPOSED DISPOSALS AT TOTAL CASH CONSIDERATION OF RMB141
MILLION
    * PROPOSED DISPOSAL IS EXPECTED IN NET GAIN OF ABOUT RMB14.0
MILLION

Source text for Eikon:  ID:nSNZ84nyyX 
Further company coverage:  HLAA.SI 

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